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 has enough now for a mine.

There is aprox 8-12 billion dollars worth of ore now, It would cost 2 billion to build infrastructure to get it out if done alone without Cliffs participation. Why do it on our own. Wait for Cliffs. Drilling will continue and more ore will be added as we have not found the edges of the ore yet so more has to be proved. When the time has passed to get all the governments and permisions/permit in place then the anouncement that there is a mine will come. In the meantime we are drilling for more. Tomorrow will come and so will the mine. Then we will get what we are truly worth. SP doesnt matter if you are waiting for the mine. Sp matters if you want to trade in and out. SP matters if you want to buy or have to sell. Why do you have to sell? There will be a mine sooner than you think. We are halfway there and the glass is getting full, not empty.

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