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: Ok BHP !!!
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Jonesy, no joke. Do your homework.

Despite the CapEx needed, NOT holds the majority of the known deposits in the ROF, including the prime starter - Eagle's Nest.

There are lots of good posts on this forum about the value of the ROF. I suggest reading my posts about the value of Eagle's Nest alone, and the P/E of a mining district, and then read up on Voisey's Bay. That should get you stared.

Only time will tell whether BHP, Wyloo, or a third bidder will come through with what they should be paying for NOT.

Hobbit

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