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: EOD $3.58 on 148,716 shares

Banter???

posted on Jun 13, 2008 12:33PM

The endless banter about CEO and whether Richard is the right man going forward. Really, I do not think for one minute that all this wasted expression of impatience and anxiety over SP is going to influence Noront and how they run the show.

Richard and team are moving ahead in all areas, drilling, JV, arranging sufficient financing to continue for at least 12 months of drilling, management changes etc. etc.

Spring breakup may have slowed them down some, assay delays, discussions with Probe over claims going sour and probably a number of other snags, all part of doing business.

Promotion will come in the form of positive NR's when they come and they will. The big money players that bought in at $5.00 must have confidence in Noront, not just in their properties but also their management. The low volume of shares traded in the past few weeks would leave me to believe that they are not dumping or bailing out.

I had a short discussion with Michael White today and he said it is a rule of thumb for investors of this calibre that partake in warrants such as they have to look for a 4 to 1 return (minimum). Now for me, and I am not overly knowledgable in the workings of big time investors or mining for that matter, I would have guessed the same. I have said in the past follow the money. I really feel these guys are privy to tidbits of info that we are not.

My final comment and this regards Richard (Dick) Nemis, come home with the guy that took you to the dance!!

JMHO, happy father's day and have a great weekend!

Justduke

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