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: Valuation based on "three year trailing average metal prices"

Jul 04, 2008 06:01AM
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Finding and having it at that time are 2 different things. I believe they will find more than 5.6B worth of minerals. My point is we rely on these outside companies for estimates and make investment decisions based on those estimates. When a 43-101 comes in much lower than those estimates, we have a right to question those who made those estimates...Can I say the word estimates more often LOL...Anyways, the stock is still seriously undervalued right now and a halt and NR with 43-101, even if not as high as expected will at least get us back in the news and that is not a bad thing. Hopefully, they will follow this up with info on E2 and its importance towards, Noront.

Glorieux

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