Agoracom

Now, first let me say, I am in no way in the catagory of all our fine posters here with geology or even stock trading experience. I am a blue collar worker who has read a ton on this forum and other information over the past year since I bought into this stock. I am going to simplify a few thoughts that are running around in my head.

1) I think Mr. Nemis is changing course. I like the change. I think that this company is a "whole lot closer" to Mr. Nemis "new vision" than most people here think. Let me explain a few things I am thinking about. First, Windfall is building a ramp down to the area where hole 100 hit gold in the value of 58 ounces per ton for 4.8 meters. I am going to do a little bit of number crunching here for you that may put this into perspective. These are totally made up numbers for a quick study. Let's pretend that when they get to this hole 100, they find a vein of gold that equates to a 20 x 20 x 4.8 meter size. This is not a huge size and may be in different dimensions, like a longer vein. If they find this, you are looking at 2000 sq meters of ore. Multiply that by 4 tons per cubic meter and you get 8000 tons. Multiply that by 50 ounces of gold and you get 400,000 ounces of gold. If you have 400,000 ounces of gold and multiply it at today's gold price of around 936ish dollars / ounce, you now have $374,400,000.00. Now, let me explain one more CRITICAL point. The effort and cost to dig out, put into trucks and travel about 40ish miles (or less, I forget where the smelter is) and process this amount of rock is going to be miniscule. I believe that they could probably do this under their bulk sampling permit and not even have to apply for actual mining permits yet.

Did everyone get the simple math used by a simple guy, me??? Even if it somehow took 25 million dollars to dig out 20 X 20 X 5 meters of ore/rock and haul it by truck for that short distance and then have it smelted, you still have $350 million dollars in the bank, AND I WOULD SAY THIS SHOULD HAPPEN BEFORE YEARS END, BASED ON THE FACT THAT THEY SHOULD BE AT HOLE 100 BY THE END OF AUGUST, I BELIEVE!!!!!

Now, this is a small area and total speculation on my part, based on John Harvey's statement that "it's not possible to drill a hole through a vein like this and it only be 1 X 2 meters big. Remember, John Harvey was president of Hemlo gold, who made a mine and sold it to ??? Barrick? Again, apologies for my poor memory.

2) I like the change of course. Here's why. Mr. Nemis has stated that it won't be long to get things going. I believe he was meaning specifically for Windfall when he made that statement. I also am thinking that it won't be a long haul to get all his ducks lined up in a row to get McFaulds going too. I believe that he has been looking at this corporate idea of mining this himself all along. I think the assays delay has just sidetracked his news timing. Look at his statements regarding a brilliant startup operation for McFaulds... it has been stated by Michael White from IBK that it would cost approx. $700 million to build a concentrator facility and camp up in McFaulds. Why do you think he made this statement way back in late fall of last year? Again, poor memory so don't remember which interview that first came out. There has been many behind the scenes corporate moves being made, and not just the attempted aquisition of 85% of the ROF either, and I think it has a lot more to do with this new vision of "production"... sit back and think about it for a bit. What if Mr. Nemis is thinking about using most of the gold money from his mining of Windfall to initiate the start up of the ROF? Does anyone here have any idea as to the value of the chromite? I seriously doubt it. Just look at the potential of the whole area!!! One pod of nickel may net the company about 1.6 billion, give or take a few ten millions for trucking and smelting, which I am thinking was already cooked into the prices we say this morning. Again, how many truckloads do you think it would take to get the 6+% nickel and pgm's to the concentrator/smelter and how long would it take to truck it there? 6 months after start up? 9? Remember, there are only 233,000 tonnes at a NSR value of $1631/ton. There you have a quick $380 million more for start up operations. Add that to the other 300 and something from Windfall and you have financing for McFaulds. With permitting and roads etc. , I don't think it would take a year to get this done. Not with the small amounts of ore to be processed.

Grade, Grade, and Grade. That is what can make this company great, in a very short period of time. Why go drilling all those anomolies now when you can build your own concentrator in the next couple of years (2-4 maybe?) and then you could really control 85% of the ROF because anyone else would have to come to your concentrator to have their finds processed. Wow!!!!!

So what we have here is a shift in gears. No longer are we looking at a quick sale to a major for a few bucks. Mr. Nemis said this is "huge". I for one believe him. I for one am not selling any shares. I actually bought more yesterday. Don't ask where I found more money to do this, I just did. Nothing illegal, just most here would think I am nuts ;-} . Maybe I am. I like the direction we're going. I, too, don't like what the market thinks. I don't give a rat's you know what about the market because I think Mr. Nemis is going to sell "METALS OF ALL VARIETIES" to make my investment grow. So, stick it where the sun don't shine, Mr. Market. You can't have my shares. I feel for you all out there who bought in at a higher price, like I did with my average around $5. I do know how you feel. It really hurts to see your investment going to half of what you paid for it. But, like the other posters here who are far well off more versed in the markets and mining have said, it doesn't matter where you jump on the NOT ship, as long as you can ride it into the sunset, because patience is the key.

God Bless all NOT shareholders, and give them patience and peace.

Herb