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: Takeover Rumour??

I've followed NOT now for a couple of years and hold a fair amount. The only thing that I have seen that might point to a takeover move is trading the chrome for Probe's portion of the JV properties. That could be construed as a defensive move or (IMO) to secure a highly perspective chunk of nickle bearing land.

I haven't seen anything in the trading patterns of NOT that indicate a perspective 'bid' nor have I heard anything from the street.

I'd rather hear a buzz about deep drilling hits or from the 'new' targets north of Eagle 1 than a takeover but one thing I've learned about the ROF play is that retail is always the last to know.

... Been There

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