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: Just pondering on NOT and halts....

If halted all hell could break loose because we are not accustomed to such events. (Did we not have a halt about 2 years ago? Though with news not earth shaking.)

As for reason for halt, agree hostile take over is prime candidate. But there is also a possibility of another Eagle type discovery.

Could or would Noront hold back news? We went over that topic here before = Answer, Certainly. Noront would only need to prevent news leaks about info they hold. I happen to believe, and definitely suggest, that they are often doing just that.

Noront need not request a halt. TSX in their judgment could do so on their own provided that they have some information from the company that they deem appropriate or necessary to act on.

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