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: Some final thoughts on the Luncheon

Some final thoughts on the Luncheon

posted on Apr 18, 2008 04:37AM

Some have felt that the Noront information delivered by Neil was "same old, same old" - a basic regurgitation of material all of us have know for a gazillion years.

Let me reiterate once again, it was a technical presentation to an audience of mainly mining people. In fact, there was only one question during the Q&A, and it was from a banker. If this had been a true marketing-investor presentation, there was have been a plethora of questions afterwards.

There is a marketing meeting on Tuesday with IBK Capital. Noront, Spider, and Freewest are approaching a "tipping point". More and more technical data is coming in, assays will be available within one-three weeks, and a 43-101 will be available by the end of June.

Shortly everyone will have more than enough news to fill their belly.

One final point: there was a Noront corporate lawyer at the head table yesterday. It was very clear to me that Nemis, Novak, Harvey, and Watson were taking their queues from her. A stupid screw-up over "forward looking statements" would be possibly disastrous. Remember, a Vale-Inco dude was sitting right beside Nemis!

Be patient. It's coming. And shortly.

Snug

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