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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: Well what now!??!
15
May 02, 2008 03:27PM

Nice post and you and I don't disagree much. Here is your last paragraph and my comments.

"What now?? Who cares...this is the short term of a long long term story...only your patience can be your enemy. Lose it and you may as well throw in the towel now. Keep it and you'll see nice growth over the next number of months. Simple investing.....buy, hold and sell when you reach your target. Its pretty basic and the best investors out there hold to it. Why can't we? Look forward to next week. If your in this game at least it will be entertaining. No one really knows how good or bad any news release will be....but most of us here know that the news will consistently get better and better over time....how much time is the question...and really no one has the answer yet."

I agree we're just starting the third inning with the first being DE1 drilling which took us to a nice high. Second Inning was further confirmatin of DE1 and identifying DE2. We now await assays on infill drilling of DE1 (for resource report) and DE2 and report of visuals on continued DE2 (maybe DE3 as well) which will take us to the top of the 3rd inning. This may well also take share price to new highs since assays may well give us an idea of what the visuals on resent drilling could assay out at.

So the 4th inning doesn't really start until the end of next week, bit of delay for spring thaw but more drills arriving and numerous targets on Noront holdings will have exploration started with excitement and expectations building. The end of inning 4 will come maybe mid June with drill core visuals and maybe some fast assay work returned from new lab, again new highs for share price likely if anything at all interesting is reported and with scale of exploration there is every expectation of some good if not explosive news. *Also expect resource calculations on DE1

Inning 5 should see assays from 4 and interesting news from Windfall (remember also that other juniors in the ROF won't be sitting on their hands so expect some boost to Noront interest from what they find).

I'm stopping here because it's very hard to see any farther down the road and a few home runs during Innings 4 and 5 could change the outlook quickly. Maybe in inning 5 the game could even be called due to a major buying out the game although that seems more likely to come in inning 5 or 7.

Honestly I don't see the game ending until late this year or early next by a major buyout of Noront's interest for major dollars. In the meantime we'll see swings and roundabouts but new highs seem far more likely over the next few months than new lows. Buying Noront at under $7 may turn out to be a story to tell one's grandchildren when they come to visit your McMansion.





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