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: Tardiff and 11 %

Yes they own just over 10%, seem to think it was 10.7 but could be off a bit. Pinetree have about 10% or had as they might have added. No other major holder on record yet.

I don't believe there is any way at all that Noront will do a pp at current price levels. Dick Nemis said he could do one at $10 to some people who post on this forum and I don't think he'd want to eat those words.

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