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: Reasons to tender your shares to NORONT....// wondering?

Understood,, but, the fictonal person with the 40,000 FWR shares would only get 5714 warrants, it is at a 7 to 1 issue....

Therefore your MATH is off by twice as much on the warrants.

ie. NOT share price = $4.50 , buy warrants at $4.00 is a 50 cent profit X 5714 = $2857

'NOT' what your math is ($5714.00)..

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