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: Re: 60 cents
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Jun 29, 2011 05:37AM

Babjak, Most everyone knows the value and that there is a mine coming. Where we have a problem is what will it cost Noront to get the money to build? 100 million shares or half the resource? Something different like a , take off agreement, is most likely with Baosteel wanting to have Noront reinstate the chromite. They have Noront mine the chromite exclusivly for them and Noront gets the cash to build the Nickel mine. All this will be answered when the final project description that will include Cliffs infrastructure working with Noront infrastructure and FN's and governments all satisfied about the PLAN. Then and only then is our BILLIONs concidered money to take a share in. We wait because we risk early partly BECAUSE we know so much. The public doesn't, YET. They will someday but those who trade want the SP increase NOW. That will bring the masses to mine the SP, not the ore. Quicker money. What will the catalyst be? I don't think anyone knows but when it comes it will be very obvious with the thousands who will want shares for all the different reasons. Some are trying to dilute others out because they feel that they have put the most money in and want the largest percentage of the billions in ore sales.

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