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: Noront interview

Re: Noront interview

posted on Feb 17, 2009 08:37AM

I liked the interview. It didn't sound scripted as the last interview. Also I think they are sincere when they say that they are excited about Noront's prospects going forward - maybe not as expressive as Richard was but sincere nontheless. It also seems to me from listening to them that they have a good working relationship which is important. There are lots of things they can't discus for obvious reasons. I am not happy about the no more visuals policy but as they say that is standard policy in the industry. I have no reason to doubt that. Windfall remains a bit of a strange. I can't believe there's "nothing material" there with 53 ounces over fifteen feet but they may have missed the hole 100 area some how and I'm willing to live with that as long as they don't decide to sell Windfall cheap to Barrick or some other major. All in all though I thought this was a pretty good effort from our co-CEO's.

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