ORT have paid $125 000 for an option. They will commit $1 M to do more drilling on the land during 2013. Only if ORT is satisfied, they will issue 2.4 M shares to complete the deal.
First indication are that there is 37 % of alumina in that claim. I dont think it will be the same by products than Grande Vallée. What will detrermine if this is a good deal or not will be the revenues to be expected from that claim.
I don't hesitate to flag some issues when i see onet, however, i dont see any bad issues with the NS deal.