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: Maybe bring some poster a reality check too

Sorry but that's dancing around what was said and what was done. Nemis was wrong to say what he did and it calls into question his off the cuff comments about $28 a share as well.

All I'm saying is that Nemis is a true believer in Noront and as President he is always going to put the most positive spin on what's going on. You have to take that into consideration when talking to him and when considering how much weight to put on what he says.

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