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: So....in a market that finished ....

The big bump last week was built on speculation that the politicos would come out with a plan for the ROF ..or ...at the least mention it as a future for the north.

As we all know now it was never even mentioned by all three parties, much to our chagrin!!

Now we are seeing the sell-off of the over 2.25 million shares (turnover) that happened last week.

Everyone (public and institutions) are waiting for the "word" and are parking their $$ in other stocks for quicker gratification or holding onto it on the side lines.

Without word from the politicians, or our soon to be new BOD, our Noront shares will "languish at this range til the cows come home"

We all need some positive feedback and "earth shattering" news... as it seems we have built our own icebergs.

Dennis

TOTB

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