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: A Blockbuster Mining Speech by NRCan Minister Joe Oliver

This is why the SP is expected to go up a lot when we have proof of life. At this moment in the process, we are fighting to even have a project, with many who want us to fail, and many who want us to succeed. Mostly because of Cliffs megaproject. Every project goes through this and Cliffs has the hard sell. Noront has already got support and is the most likely to succeed with or without Cliffs mega project. We just have to wait for the decisions to be made. Megaproject on surface or majorproject underground. What do you think will happen??? If its just Noront, what do you think we are worth then???? I can wait because the decision is being expediated by the governments. A lot is happening behind the press releases and the think they know it all Bloggers. Those of us who know the mining business (not the traders) are not worried about the time this will take. It is very short. Look how quick the last few years have been. We are on the race to completion now. Finally we are over halfway. Just one major decision left. Does Noront go it alone or with Cliffs. Or does Cliffs buy us out at our greedy owners price. Baosteel will want lots of money to sell out their part.

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