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: My View of NOT NEWS today...

I as well think the clamping down on info sharing needs to come to an end and now that the REAL problems are being delt with publically I also agree that with the proper care, Noront Resources can start providing comprehensive and detailed info to all share holders in full public disclosure on an ongoing and continuous basis. What we have been fed in the lasr few days and weeks on Legalities tells me that there is very much more to the full story. I do not expect nor really want all the legal investigation kind of stuff but do think Noront Resources can now be very much up front with all the basic Geological Data they have been accumulating over the past 6-7 months and also be explicitly specific on all futuer moves prior to actually taking each move. NOT to do so now may only result in continued Manipulation where such should now be unacceptable, even to the Exchange.

To start with, the suggestion backed with the example given with respect to Tanzanian Royalty Exploration should now be considered as mantitory and normal disclosure. This should include a detailed Daily Diary of Who and in what capacity, visit the office and any and all Exploration Properties. When any one of any official or unofficial capacity are in contact with Noront Resources theis should be reported each day as well. Thus, the Companies who have unusual access to Corporate info, Board Meeting Minutes, Financial and Geological DATA access etc. The actual details of the Board Minutes and DATA can be kept confidential where need be but the commings and goings of thoes looking us over should be made public daily. Same to progress reports from operations but maybe on a twice weekly basis. This would not only be considered to be much imprived transparency for all Exchange Listed Companies but would show commitment by companies and the Exchange in having a more level playing field. The Exchange NEEDS this more than do companies and thus should act in their best interests in setting these things as part of new true improved STANDARDS of BEST PRACTICE.

Old Joe

Old Joe

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