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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In the battle for FWR, both NOT and Cliffs talked about upside if FWR shareholders were to tender their shares to them.

Seems Cliffs is delivering....unfortunately, can't say the same for NOT

If you held and tendered your shares to Cliffs....you could sell now for over $1.00 Canadian

If you tendered to NOT....today those shares would fetch less than .50

To NOT management:

How about some of that upside you promised

Go NOT Go

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