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 Resources appoints Chief Operating Officer

This guy is taking quite a risk joining an exploration company that he must know will never see this through to completion. Perhaps he thinks a major will hire him after take over?

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I like to think that he knows something that we don't know before his hiring.

He's joining a junior company the same day NOT made an all-share offer worth about C$90 million to Freewest

A C$90 million takeover cannot be arranged in a 2 two days weekend with Banks, lawyers, and...

I have big doubts after NOT made ''average'' press releases after a big uptrend to 3,00$ on rumors (of visuals).

Maybe NOT retaining big news to increase their SP back to 2,40$, that will convinced a lot a FWR shareholders to sell at 0,60$

Like you said: he thinks a major will hire him after take over

  • Maybe he already knows the major ?

JMHO

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