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: What is Really the TRUE Situation???

What is Really the TRUE Situation???

posted on Oct 07, 2008 10:53PM

Given several signs I have picked up on since late last December (concerning Banking issues - Commercial and Investment) and witnessing the exceedingly lack luster response (very polite manner of statement) of NOT's SP to repeated Very Good, to just plain old Good News, I have to wonder strongly on the condition of, or, the effect on, Canadian Banks of all the current Global Credit Freeze up.

When some clown goes on TV and refuses to respond to Pre Taped questions from Citizens and verbally contradicts their own actions claiming they DID EVERY THING to be prepared for this MESS while saying there is no MESS here due to two very short years in position of real responsibility, but putting us into an Election that contradicts their very own law when an Election is NOT needed, merely to try getting nothing more than the Same Old Result as before calling the unneeded election, I have to wonder what is REALLY UP, DOWN, LEFT, OR wrong.

Why did Noront Resources have to very quickly (beginning as early as December, after having JPM on board for one short month, and hinting at having been doing so to Shear Holders as early as sometime around February) move to a NEW VISION approach to Maximizing Shear Holder Value and then begin to Shop around for potential Investment from outside the Normal Channels to support achieving the Goals of that NEW VISION? And the SP continues to sink in spite of continuing GOOD NEWS? NOT that Noront Resources is the only Junior Mineral Resource Explorer with very Good and Growing Prospects well into the process of being confirmed. But Noront Resources just happens to be the "Best of the Best" in this regard!

What is it we are suppose to remain Blind to until the unneeded, expected to accomplish nothing, vote is over?

Now that Governments all over the Globe and conducting Commercial Banking responsibilities (including here in Canada), can we expect the traditional Commercial Banks to go back to their once Traditional Business any time soon? They could and should be doing just so NOW! Will they (Commercial and Investment Banks) come back (those that are still around) into their Traditional Business as quickly as they Exited that business?

My feeling is that those that can, will, but NOT untill they see clearly that the DUST is setteling firmly on the Wreck struen ground. And then, and only then, will we see the REAL TRUE VALUE in Noront Resources SP.

In the meantime I will just have to get over being stimied and occasionally annoyed.

Now I will try to be but patient and NOT annoyanly preachy.

Old Joe

PS: Seeking REAL TRUE NOT VALUE!!! Good night ALL!

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