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: Just a hunch...

I expect that within a couple/few weeks Baosteel will be 20% owners of NOT. I estimate NOT's current burn at about 2.2 million per month and enough money until the end of May, maybe June depending on current drilling and consultant studies. Not sure if this will a benefit to us retail or not. What we need is our new investor to keep purchasing on the open market, drying up the trading float and pushing the price up.

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