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: Jeremy Niemi options

Jeremy Niemi options

posted on Aug 10, 2009 04:31PM

According to the corporate update provided Jeremy Niemi's position was effective as of August 6th.

I find it hard to believe the drill results which were so highly anticipated were only ready for release the same day as his position became effective.

Now I have heard (and please correct me if i'm wrong) Noront has 40 days to report any options which have been issued, which means he likely had his options right after the stock opened down almost 40 cents last thursday

I do not have much bad to say about our current board, the SP is at a respectable level and poised to go much higher....but this "coincidence" only adds to the case that there is some serious issues with regards to disclosure

Only question left is why are they waiting with 50 + 51 results?

Then again, I'll bet if you ask Dundee or Wellington they would have a much better idea for an answer then anyone here....

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