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: It's interesting the.....

negativity given NOT's rise in sp on Friday. Some think RCF a good thing and a good deal, others suspect jockeying for position to capitalize on this great find for a sooner than later sell. I truly don't know what RCF has in mind short, medium or long term but I am certainly not seeing it as a given that we'll all be well looked after given that RCF's interest will most certainly be themselves and their "shareholders". In some respects on the surface it does look like RCF is handling this as a company that is seeing a venture enter the mining stage and the idea looks quite good, not that I like the details of the scheme. My question would be, does RCF see the future for NOT's minerals as being profitable in the medium to long term, or do they see the economy as problematic to the extent that they need to take profits as quickly as they can to shore up their wealth into other assets. I think the latter is an important question to consider with investing in any stock. Will people exit currency into commodities or will the economy be so flat that even economies don't look tastey anymore for wealth protection? Lots of talk about China slowing down due to poor demand, the US fake stats becoming obvious to the masses and a 10 year depression/recession. The big picture....the little picture....seems like one is being played within the other....but don't get caught between when it shifts.

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Mar 03, 2013 04:48PM
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