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: The Province will appoint up to 10 council members to represent Northern Ontario

Sum, yes Cliffs is the big guy here, who is getting all the press attention with the government. But we can't forget this little company from China called Boasteel. One thing we know about the Chinese is they like to do things behind the scenes. I think having a marketable company like Boatsteel in NOT's pocket has a lot more influence than NOT's share price reflects today. I would not be betting against NOT.

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