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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: Re: My info gathered today-Part 1
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Mar 01, 2009 06:36PM

"He said it is a free world and he cannot see them stopping us from discussing Noront. His only concern is if the money spent (both cash and options) could be utilized in a better way. So we will have to wait for the new CEO to see what happens here, until then, we are safe."

I will wager that they will ultimately determine that there are better places to put the money other than Agoracom.

"He did say that although the co-CEO arrangement is open ended, he is hoping that the tenure will be a maximum of 6 months as he feels like they cannot make major decisions in this fashion as everything is decided by commitee"

I'm sure we'll look forward to this being resolved as this sounds like potential for further delays in the movement of this company.

Thanks all for bringing back the news to us. Looking very positive from all reports.

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