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: Re: Not about 50% below book value
35
Mar 19, 2008 08:46PM

For the record, I have many side plays but more the 50% is into Noront at this point and I feel comfortable with it. The 2 year horizon is bang on in my book. It may get there sooner but you cannot expect this. The reason it may get there sooner is that they will have all 8 anomalies drilled by June at least once. If they all return numbers similar to DE1, this stock will go up fast and furious. We would look at days like yesterday and laugh.

If you are an investor, not a gamblor, these days to day stock price movement although not fun are taken with a grin. You realize that the potential for this company is much greater and you are willing to wait for the market to realize what you know. There is no better feeling then being ahead of the market and I believe everyone here is lightyears ahead of the market and we will have the last laugh.

Warmest regards,

Glorieux

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