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: House positions??
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I've been in and out of NOT on several occasions over the past 4+ years... watched the ring of fire created,,,, watched windfall stun the market with unbelievable grades.

Look at the 5 year chart.... have you ever seen a consolidating wedge like this!

Eagle deposits have been sidlined by the chromite Cliffs buyout of FWR etc ans PRB has had a great run on that relationship.....

I think the real value of NOT is in the $500MM market cap range and thus the $3.00 target I make.....JMHO

The area looks like it is going to be opened up over the next couple years. Cliffs presentation sure make blod statments to that effect and thus the Eagle deposits will gain intrest again.

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