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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Notsters,

Do you think there's a third party stepping in to raise the bid for KWG and Spq? If so, is it totally wild to think that maybe Noront might try for both them at this point, having lost FWR?! Trading in both SPQ and KWG is now halted.

NOT does have some bucks, and may want to show some muscle before too long. At the very least, it would force a higher bid than that offerred for KWG and SPQ by Cliffs.

Happy 4th everyone!

Jacki

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