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: iceberg at 1.15...maybe our bottom really is in!

Thanks you guys-it feels good to be back!

I told JJ last week that she should get used to me calling again on a regular basis lol.

I think the games are coming to an end here and we will see action on this stock in the next few months. I continue to hold healthy positions in GNH and CMM but believe Noront is near a bottom from a share price perspective but also that we are due for news and that something has to give here. I mean, either Noront starts to get valued as it should ($2.50-3.50) or we will become a target for acquisition. Either way, from our current price, I see significant upside.

Glorieux

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