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: NI 45-106 Private Placements

A recent example of conductin an offering to ALL existing Share Holders which is both Very effective and Very inexpensive to accomplish is the one FWR completed this past Janurary. FWR spun out their Uranium Prospects into a new company called Quest Uranium, raised plenty of cash for both FWR and QUC, held onto a large proportion of the SpinOut's shares for future valuegains and control considerations.

It was a very good WIN, WIN, WIN for all involvedv and the cost to ALL Share Holders was very decent.

And if Noront opts to SpinOut one or more of it's other properties into new Listed Companies, Raise the needed Funding to allow each NEW LISTED COMPANY to continue onward and Strongly, and/or thereafter to allow the SpinOut(s)to do a JV with some other Interested Party(s) to assist in accomplishing the desired effect for ALL Share Holders, All current Share Holders will ALL THE BETTER for doing so.

And doing this type of arrangement will only help broaden the currently narrow perspective some share holders seem to be limited to. Another WIN!

Old Joe

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