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: Warren Irwin & Noront Resources

So, let's understand the 10,000 foot view from thin oxy altitude according to your recount:: Here we have a group of Insiders, acting in concert, who collectively believe that a stock trading at a $1 and being carried on PNP's books (a public company) at something in excess of that, is worth $.20 on a good day. Somehow, that does not sound like something PNP would like to hear just yet. We may be just a bunch of amateurs, but it would be really nice to know what OSC/TSX rules apply to this. Are you sure you heard that correctly, and perhaps PNP would like to refute it as I own both. Maybe I have mis-interpreted your post.

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