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: Tax loss sellers

At 150K traded thus far, all I see is those that have bought up a lot of NOT over the last weeks, selling a few within the flow of the general market downturn, giving NOT an extra little nudge in a southerly direction. "Let's see how far down we can get NOT while it's suffering a little momentum loss and maybe we can create a bit of a cascade." One should also note who is on either side of the bid/ask today.....no strangers to those who've been watching :) The bottom line is that it's effective in taking the sp down 4% drip by 4% drip. I sold a bit at .73 so I'll be waiting with a bit of dry powder should it lose a little more altitude.

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