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: Buying Opportunity!!! OT

We're either there or awfully close. The big money boys can calculate the current value of Noront given what they have already drilled. You've had outside guys take a look and come up with their estimate and even the most pessimistic is far over $2 a share.

Feels like being run over by a truck but metal prices remain very high and the US Market sell off tomorrow can't do much more than we've already seen done to us. They're attention is going to be much more focused on the large holders of portfolios which will be hit hard.

Will we see recovery tomorrow? Can't see from where it will come since buyers aren't coming into the market even for bargains until they see things turn.

Surprised the junior markets and exploration companies where hit so hard this time. Much harder imho than deserved and it's across the board. The big guys use their play money on us and they've got bigger things to worry about. We're no safe haven but a place to make major money and they are concerned above all else about safe harbour.

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