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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I agree that the time must be right....

" It hasn't been attempted because it would start a bidding war. The time isn't right. "

but better a bidding war now perhaps than later when the sp is higher? The time isn't right just at this moment otherwise it would have taken place. Then again those that have done their work determining the share distribution could well have concluded that they wouldn't take NOT cheap if taken to a vote...but still better on the sooner side with the sp lower than waiting. As usual....we wait to see. One could conclude that the illustrious staff didn't join NOT to be taken out while still considered exploration class. If they've made the determination that they want to see this thing to the end then they may have determined that they collectively hold the stronger hand....again...we wait to see. NOT is doing ok....so far...today therefore if this continues it would demonstrate that those that hold NOT aren't interested in letting go at these prices and the buyers will be a motivating force. NOTs volume is remaining on the healthier side to the up side. Let's hope this is our new trend.

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