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: Trading vs Long hold considerations

PM it depends upon each investors game plan and position as well as how they see the share price moving along with Noront's development. My approach and concerns won't be the same as someone elses.

Depends as well if your playing with retirement money or taking a flutter with a few thousand dollars of savings. A thousand bucks could mean a lot more to some than to others.

If you are holding a thousand or few thousand shares then your perhaps going to go for broke to turn that into $20,000 or $40,000. If you're looking at 50,000 shares, or 100,000 then selling half at $10 is going to look awful attractive as you're pocketing substantial dollars. You'd want to spread out your sales over a few days if price continues to rise because it usually takes a few days to run to high point.

No matter how attactive Noront looks to be at this point the fact is that nobody knows how everyting will turn out, or when. Big rewards come with larger risks and everyone's risk tolerance is different.

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