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: VERY, VERY, Significant....Coswi...

VERY, VERY, Significant....Coswi...

posted on Sep 18, 2008 10:35AM

Coswil, thank you for your report on your conversation with RN.

His use of the phrase "very, very significant, regarding the chromite, is exactly what he said to me a year ago, after the first news of the strike at Double Eagle. As we all know, he was right, and not exaggerating.

Poly, you said,

"It's nice to hear of your conversation but other than reassuring an investor Dick doesn't provide concrete information".



I have to disagree with that. If you believe in, and trust RN, he is telling you something concrete. He is telling us how good this chromite discovery is. To me, it is obvious he believes it will be a mine.

Poly, you also said,

"If I sound grumpy it's how I feel with the lack of interest shown by the market in Noront."



On this, I am in complete agreement. When I look at the huge sells lined up on level 2, I just can't fathom it. However, our day will come.



Holding with confidence, Canseco

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