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: Probe lucky???
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NOT is probably undervalued,but by how much???

43-101 for NOT shows 22.2 m ts of nickel in all categories.

43-101 for PRB shows 8.4 m ts of chromite in all categories. Prb has other interests.

NOT has 4.6 times as many shares outstanding as PRB.

If we equate the number of shares,then NOT sp would be 4.6 x 1.25 = 5.75

NOT a t$ 5.75,PRB at $ 1.05 . Is NOT current sp far undervalued ?? Who has the numbers for the ore valuations,so we can compare these relative to shares outstanding and share price ?

perhaps it is only PRB that is undervalued. Cannot ignore the vast amount of shares outstanding in NOT.

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