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: Here is the puzzle!.

Other than there appearing to be some determined combined efforts by Jit and Anon, maybe in support of Nat on the buy side today there remains no good reason that I can determine for NOT's SP to go up on news the likes of which was put out painfully early this morning.

The end of the month is still a week away. And this being the end of Q1 may make the NR timing important in providing a context for justifying a run up in the SP to get the desired end of quarter numbers.

All that remains certain is that who ever was responsible for forcing the SP up did the typical late morning Push. And given the confused play most of the remainder of the day it appears the who ever who made the initial push was looking to keep the SP up.

Could it be that there is a new Contracted SP Controler working on NOT's SP for some Client? Or is it just the Same Old Same Old Bunch doing a new strategy to make a little money while doing their job of controling the SP for the Same Old Same Old Client(s)?

Either which way it is essentially still the Same Old Same Old. For now at least.

Should drill results from this Winters Drill Program come out anytime in the next 10 - 15 weeks we may be shifting into a somewhat new phase of being patient while awaiting the FN/Gov agreement(s) to have a substantially thick and firm layer of meat on their bones.

This filing today could be a sign that some of that Agreement Bone is taking on some flesh. Or could be some added pressure to get some of that meat in place.

Hope so!

At this point in all things RoF, any and all company(s) news coming out of the Ring or any company Office(s) should be only good news.

Hope the same will prove to be equally true with respect to the FN's and Gov(s).

There, no more fun jabs at the rationality of some of NOT's corporate level work.

NOT for now at least.

Old Joe

Live Life. Enjoy!

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