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: back from luncheon forgot to add one thing

Not to rain on the parade but I doubt Nemis has ever, ever, said SELL.

On the other hand his personal conduct in holding on to all his shares does speak loud and clear as to where he believes Noront's share price will end up.

Actually it would be fun to ask him one day. 'Dick you own a good number of Noront shares, would you part with some of your holdings at $10 or $15 or what would it take to pry half out of your hands?" We might be surprised at just how much it would take, even at this specific point in time.

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