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: Re: Right now NOT is ....
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Sep 14, 2012 09:28PM
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Sep 14, 2012 10:06PM
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Sep 15, 2012 12:52AM
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Sep 15, 2012 08:07AM

"The volumes for a long time don't tell me that there is massive accumulation going on. Also, a lot of "little people" hold huge amounts of the stock and are not selling. The game afoot at present is "no game". I won't be selling any of my shares at these prices. NOT is a tuck away for me. And, I don't need to sell NOT to invest in other opportunities. Detachment for me is not giving my shares to the .36 centers. If I remember correctly, recently the advice on this board has been explicitly to buy."

I would agree that recent volumes don't speak much on accumulation. I would argue that the game afoot is still to keep NOT's sp low via periodic sells of handfuls of shares. At the same time I expect there are people moving in and out, playing the NOT/general market moves. I sold almost all of my NOT at .52 and have repurchased some around .37. That was my choice based on my beliefs at the time and my threshold for loss. You state that you will not be selling your shares to the .36 centers. That similar statement was made by others at .52 and everywhere else. All investors have to determine how low they will go before they snap and sell or how low they will go before they lose heart, leaving it there in the hopes that one day it will rebound. Personally, I think that these prices are good buy points, but as I've said before, who knows how much lower it will go. In watching the market and seeing what is rising, it appears that producers and money makers are the ones heading north while the rest presently trail. The money is ignoring the little guy explorers and grabbing the fast money. Anything like FN complications are a potential "don't touch" sign. This should also shed a little light on what the general investment world thinks of the economy. There is still a get your money fast sentiment for tomorrow may be trouble. Even on the upward moving stocks the volumes don't demonstrate a sense of ease and let's go for it action. Anything could change of course including a quick turn around for NOT, but even though we are miles ahead of where we were at 2007's $7, I don't necessarily think that the time in which it takes to get things done will be exponentially shorter. Given the shift from finding stuff in the ground to getting things done in the political arena with Gov't and FN, I suspect things won't move as quickly as we'd like. However, as G. has said, it's a good time to buy in for the ultimate payoff later on....or words to that affect.

The above is simply my opinion based on my own constructs for my own personal reality. Ya'll are more than welcome to yours.

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Sep 15, 2012 10:00AM
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Sep 15, 2012 10:21AM
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Sep 15, 2012 11:02AM
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