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: Recent Movement

Low volume and no news as well as not very good outlook for USA and commodity prices. Have to expect some sideways or down pressure for a while. Good buying opportunity this week.

Noront and other DE area plays have gotten off lightly so far in the general market trend which seems to becoming bearish.

I expect Noront to hold it's own as too much news is expected over the coming months. A lot of investors are going to hold on expecting better and better news. Other players in this area could also bring out news and anything they find good will be good news for Noront as well. 

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