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)
Message: IR comments......
Good Morning NOTIES
I was surprised to receive a reply from IR to a recent email I sent because my email was critical of Management, and honest about shareholder feelings. Indeed, it was nice to have an acknowledgment. Let's hope that Mr. Hanson makes things right ASAP. Thought I would post the correspondence for you.
Jacki
====================================...
Dear Jacki,
Thanks for your consideration. I can tell you that Mr. Hanson (Wes) is very pre-disposed to retail shareholder thoughts and that he will be addressing many of these concerns in the near future. I hope that everyone can give Wes some time and fair consideration as the new CEO of Noront. We are all looking forward the next phase of this company's growth and I can tell you that Wes is very excited with Noront's excellent prospects and he is also looking forward to working on some of the unique challenges that come with the portfolio of assets which make up Noront.
I can personally say, that I expect Wes will be heading up some changes for Noront in the near future. We need to provide the time and the opportunity for Wes to be the catalyst for this positive change so that all shareholders can benefit.
And you are not foolish, you are a concerned Noront shareholder.
Best,
Joanne
Joanne C. Jobin
Investor Relations & Corporate Communications
NORONT Resources Ltd
E investor.relations@norontresources.com
W www.norontresources.com
T 416 238 7226
F 905 643 8876
From: Jackij79@aol.com [Jackij79@aol.com]
Sent: June 9, 2009 3:17 PM
To: Investor Relations
Subject: Shareholder feelings......
Sent: June 9, 2009 3:17 PM
To: Investor Relations
Subject: Shareholder feelings......
Joanne,
I hesitated to send you the following copy of my post today on Agoracom ,but then realized it would be helpful for Mr. Hanson to get a whiff of random shareholder emotion.
Thanks for your continued courtesy.
Jacki
====================================...
posted on Jun 09, 09 02:08PM
"Noront Management, what there is left, and BoD don't recognise the anger and disgust over the ridiculous current share price of Noront..."
Poly,
I couldn't agree more. Why the Canadian authorities, the OSC in particular, don't investigate the illegal trading, is beyond me. I wrote to them last year about this, and got a routine form letter in response. At least, here in the U.S., our SEC is being observed with more scrutiny.
All of us have continued to point out the blatant MANIPULATION of NOT's stock price to no avail! Far too many Hedgies and Institutions pay a great deal of money in trading fees ,and so illegal shenanigans are conveniently overlooked.
NOT's stock price remains "dead in the water" no matter how good the news might be. I believe many potential investors , individual and institutions ,no longer believe what our BOD says, and see Management's continued silence and arrogance, as an attempt to play down the real value of our properties until the BOD'sbuddies have all the shares desired.
I long for the days of Richard's warmth and openness.
Let's hope Mr. Hanson hits the ground running, and is able to bring back believability and charisma to NOT.
Feeling foolish but still believing,
Jacki
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