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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Yeah, that's where a low float can make grown men cry, doesn't take many sellers to bring it down.

I'd shed a tear for them, but I'm too busy watching what it's doing to Noront. However, it does make me pause and wonder if Noront does have an edge in all this: their batting average has been running at what, 50% success rate upon drilling? I wonder if FNC will decide to not be so stand-offish now and work with Noront a little closer in the future.

September is beginning to be my least favorite month, right after August.



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