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: Too many unanswered questions - appears big hurdles

yes, I don't disagree. The fact that this is in a BK proceeding too I think supercedes any previous protections over acquired shares. If you look at the KWG forum on stockhouse, looks like I sent him into a frenzy questioning this, but he is a bit over the top.

Anyways, good for a balanced view. Obviously with KWG/NOT tied together now, I'm very interested in what NOT is doing and how this deal will play out. I still think NOT did what they had to do to acquire the assets but I also believe it has really put them in a catch 22.

I'm not yet ready to blame the natives, but I do find their approach curious and they don't appear to have the right intentions. I can understand the vitrol being directed their way, but at the same time we are dealing with severe mistrust on the part of FN, and I'd say rightly so.

Do you trust government? I don't.

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