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: Personal opinions

Personal opinions

posted on Dec 18, 2008 08:30AM

When it comes to this specific investment, I enjoy reading the personal opinions of others on direct and indirect influences including the present economic gloom. The majority of posts are opinion based. Speaking positively is not exuding hope or throwing darts or living in a dream world. What is wrong with an opinion that world events are eratic and random and can't be predicted by statistical analysis. This is not a criticism of people who have a converse opinion, just that I have a different one.

When it comes to this investment in NOT, the facts are available to everyone in the reports of Noront and the neighbouring companies. Guess what, we are not a producer with hundreds of employees, and pension funds, debt and infrastructure. We don't have declining markets for our products that endanger our existance. We do have tangible measured resources and the distinct possibility of huge increases in those assets. We have enough cash to explore for over a year and we have a BOD that has a stated prioritization of work confined to $2.5 million per month, no doubt in order to not only focus on the best targets but also to give the economy some time to recover. These are the facts that give me hope. I do not have my head in the sand and as for the darts, if I can stick three of them in the triple twenty from time to time, I won't mind being called a dart player.

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