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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"Seeing that NOT go beaten up by Cliffs on the FWR deal I would think they would have liked to be a thorn."

If this is the mentality of any BOD, I would suggest that you do yourself a favour and sell that stock.

This is the global market. There is no room for a small company such as Noront to have such petty emotions. Emotions such as that cloud judgement, and make it possible to miss opportunities.

What happened last fall with CLF is in the past. Business is business, there should be nothing personal.

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