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

The dissapointment I allud to crazy is more towards Genuity than Noront. There 5.6B estimate for E1 and this ressource estimate of 1.6B are very far apart. I can see why you are looking at me but trust me, I am still very much behind Noront. Reread my post from last night if you doubt my commitment to this great company!

Glorieux

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