Dear NOT friends,

Seems we could be on the "Cusp" of some news regarding infrastructure and candidates for smelter locations. My money is on Nakina getting the plant. Although other locations will be proposed none will be as practical as having it in Nakina the pros of which are (railhead, power, proximity to Mcfaulds) I have attached an older article from back in the Co-Ceo era as this seemed to be the scheme they envisioned over a year and a half ago.

http://www.norontresources.com/News/MediaDetail/146

The article in itself is a good read to see really how far we have come. LOL.

We should also anticipate the funding of the all-season road from Nakina to Marten Falls.............. Minister Gravelle....... please step to the podium!

Of course things will never move as quickly as we would like but the ball seems to be rolling on some key development issues.

To the longs who are now more invested in the ROF story than the stock and have held their position and/or lowered your buy-in. Ignoring the daily SP manipulation will serve those that are the most steadfast in their belief of the ROF.

I mantain my strong buy rating on NOT. Dundee has me thoroughly convinced otherwise by their flip/flopping on the SP target is a ruse and is the best reason to be accumulating now..... like them. Dundee....please step to the podium!

All in mynot's opinion.

mynot (avid collector since '07)

P.S. - Would love to hear dialogue in support of moving the chromite ore any farther to process than to Nakina. Our friends at Cliffs may be in agreement... business savy as they are!