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: Editorial: The Cliffs Notes on the Ring of Fire

K my 60 cents was for announcment of Environmental approval being granted and I did not imply that it would stay there. I chose 60+ cents on comparison to the reaction to the Pickle Lake power line announcement which caused 40+ cents. And also expect that following it there is likely to be a repeated retracement of sp.
I think Noront having EA approval would have more impact on the sp then the Pickle Lake power line.

As for the 6 bucks:
"but am not going to plan my short term future on it."
I did not imply/intend that it was to be short term. I just used a 10x of the above because I consider the E/W road to be about 10 times more important to Noront than the EA. And I do not expect that announcement to be made this year but mid to late 2014.

As for 6 bucks and share dillution:
That 6 dollars is probably closer to the 20 dollars of years back by Crazydick. Mind you we had then much less known resource so to be more correct the equivalency should be much more than 6 dollars.
Do we not have about 3 times the known resource now that we had then? If so then 20$ is still valid, is it not?

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