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: Noront for 2008

Noront for 2008

posted on Dec 17, 2007 03:40AM

While I'm sure some have been worried about our investment in Noront, I can honestly say I'm more optimistic than ever.

First let me say that I did sell a portion of my holdings at the 5.00 range, but have held on to my core investment which I have held for over a year now. I almost regret selling after reading the last release about the Rhodium. But I lightened up because Noront was just too large a potion of my over all portfolio.

That said, I can say that the PGM core content seems to now be somewhat consistant. The last release mentioning the PGMs and the addition of Rhodium are truly exciting IMO.

So where does this leave us,,,,,well the way I see it,,,,we have Windfall moving forward and can now expect results soon from this very exciting project.

From DE, we also have very good grades of nickel, Platinum, Palladium, and now Rhodium. The core results are very encouraging and the ore body is expanding.

So why has the price been falling,,,,,,my take on this is the price has fallen because investors and funds have done the same as I have done. We have adjusted our portfolios or taken some proffits for the end of the year.

In 2 weeks,,,,we start the new year,,,,and IMO,,,,2008 will bring a quick reversal of the current trend in Noront's share price. I beleive the funds will quickly jump back in,,,,as the only reason they sold was to show some profits on the books for 2007.

I see Noront making new highs for 2008,,,,,all the ducks are lined up,,,the cores are being re-analyzed for Rhodium,,,,drill results continue to hold up well,,,,area players should be releasing results from their current drilling in the McFaulds area. We have Windfall and Burn't Hill projects to look forward to. RN has brought in two great Investment Powerhouses in order to raise shareholder value.

So,,,in closing,,,,don't let anyone scare you out of your shares,,,,if you sell some shares,,,do so for the right reasons(prudent investment reasons as I pointed out above),,,,don't sell because someone says Noront is overpriced,,,it is not,,,NOT is a buy right now IMO. The window to add shares at these prices will close in the next few weeks IMO.

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