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: Noront Announces Economic Mineral Reserve At Eagle's Nest

Well it is certainly difficult to disagree with Glorieux's assertion on the NRs impact, when you'r faced with the fact that this NR has had absolutely no impact on share price this morning. Wow. This is a significant milestone met for Noront shareholders, an often voiced objection or hurdle used to deminish Noront value has been crushed. And yet no spark. Maybe it is that we are all jaded by past events or Babjak1's assertion that this remains a closely held secret is the truth. Both of these can be overcome.

What I think though is that McGuinty, last weekend in Sudbury, confirmed that the province would fund infrastructure but added the caveate that he would be waiting until the private sector declared their investment commitments. Noront took him at his word and declared yesterday, others will now follow the Noront lead and, pre-election the premier will announce the Liberal governments funding plan as the carrot dangling in front of Norhern Ontario voters when they go to vote. So imo Glorieux, the political commitment is very near and as is multiple houses accumulating to meet client needs. Based on this I bought the am. For you, that just leaves a timely portfolio pop and gold juniors coming through. On these, I can only offer you a 'best of luck', but you may need ato reconsider. Regards.

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