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: News - Hoov may we have your take on the matter?

Biggest question is 'will the brokers who put their clients into Noront these past weeks cotton on to what Hoov has so clearly indicated about potential"?

Larger investors will take time to absorb details and ask questions but a number may see a stalled share price tomorrow and just 'exit'. While one can see speculative reasons to stay and add more shares we have to wait and see if this is how the overall market reacts.

Would not be surprised in the least to have follow up news, certainly to brokers to hammer home what this exploration is leading to.

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