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: Caution, Caution, and More Caution is Needed

agn,

I remember reading similar posts when NOT was .75.. then 1.07... then $2.20 and on up.

It is difficult to defend my overweight in NOT and I have not sold one share since last fall, and I continue to accumulate... so I have been in in-cautious territory for some time. But I check and recheck, and nothing has changed. In fact, it just keeps getting better!

I think your arguments are good ones.. for the average small cap exploration stock. But this baby is not average. That is the beauty of this whole experience. IMO.

I think you know this too as you say..

'Noront is a ten banger in a couple of months. !'.. so why the emphasis on 'BE CAREFUL'

If you believe in the 10 bagger, you are going to have to ride through some gut wrenching times. Unless I see proof that this company is not what I believe it to be, I'm not going to sell just because of a bit of bad news. Bad news the seller is opportunity for the buyer.

I continually caution myself... DO NOT SELL.

For the last 11 months, this has been excellent advice.

Cheers

BK

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