Very balanced review

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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Polylabel

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Very balanced review

posted on Jan 03, 2008 06:15AM

From Wasserman: quote: In closing, Noront.s share price continues to be well underpinned at current levels by what is already known of the Double Eagle discovery. Moreover, as a result of the downside protection inherent in the value of the Windfall Lake project, we believe that the potential upside in the company.s share price drastically outweighs the downside risks. Therefore, we are recommending Noront Resources as a SPECULATIVE BUY.

Nice to see a very conservative review which still says buy this stock as downside is much less than upside.

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