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: Next week

"So Cliffs and FWr deal will be done...what Monday????

What happens,there will be a release stating CLiffs won or lost??

Then NOT can get back to business,hopefully by press release after press release after press release."

That would be nice. But I'm not convinced that the CLF/FWR closure will necessarily guarantee an immediate barrage of earth shattering NRs. NOT rarely seems to do what people imagine it should do so I would recommend that people relax about expectations. One has to ask if there is logic to NRs coming out simply because of this deal. I certainly hope things start moving and that there is a game waiting to start, but I don't count on it. I think if CLFs doesn't manage the deal then there will be a bit of an unfortunate loss of momentum for the ROF, unless there is some news from out of left field. We'll have to wait and see.

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