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: We might feel some more pain

We might feel some more pain

posted on Apr 25, 2008 05:15AM

judging from that update, but longs can regard it as another buying opportunity if they have the means.

Catching this blunder is another testament to the management of Noront. If the assays had been returned and the grades were reported lower than expected, the SP would have suffered, and naysayers would have had a field day, saying that the mineralization at Eagle 1 was not to be found elsewhere.

On the other hand, if the assays returned had faulty data reporting higher percentages than actually existed, then the accusations of having "salted" cores would have surfaced, wreaking absolute havoc that may be irreparable.

Again, it shows that this company IS looking after our interests in a manner that few others out there would.

JMHO

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Apr 25, 2008 05:22AM
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Apr 25, 2008 05:23AM

Apr 25, 2008 05:29AM
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