HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Windfall update.

It's the longs who lose with the WF giveaway. The longs, who'd been with NOT for many years , based on Windfall alone. No Eagles, Birds or J's around.

The intercepts at Windfall (hole 100, etc.) were too good to not believe there was value underground, especially with current gold prices (which were predicted). It's never made sense that WF was given away. Care & maintenance, fine. And when Gold went over $1,000, off C & M and back to drilling is what should've happened, IMO.

The book's still out about the FWR takeover, but the WF story is in front of our eyes and this looks like a major error by the BoD of NOT and any of the major shareholders connected with that move.

Never should've gotten rid of this property.

strato

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