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: And now we know why...Part two

....the stock has fallen the last couple of days.

I am sure there are many lower level people involved with Noront who are entitled to these options, but the top brass have not earned any more IMHO.

Always look after everybody else before the longtime loyal shareholder.

If there is substantial news in the near future that moves the sp upwards, then this is very wrong, but predictable.

C.

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