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: The Costs and Benefits of Graduating to the TSX
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Yes QQ_Girl, you have a good memory and an eye for detail.

The options were granted on november 7th, 2007.

As you mentioned, NORONT granted (like a real TSX player) that day options with a strike price equivaling the outstanding market price for that day. We could say that they played it by the rules.

Take care,

Helium

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