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: The gov't has said...
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Jan 21, 2012 10:39PM
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Jan 22, 2012 01:41PM

"...but everyone seems to be ignoring the main point of it all, which is how are they going to get the end product out to market? Even CLF seems to ignore it in this recent news release"

This is a very important question, while its time has not come yet... But it will.

Now, it becomes clearer and clearer that Noront is going to mine, and most probably under this very name - Who's gonna get the big money in as a partner is yet to be known. That kind of money can come from anywhere, private consortium, merchant banking, alien or canadian Major, or combination of those... The real questions for Noront's shareholders - especially the long holders - will be wheter to sell, and how much, on the way up, which may well show sharp shifts north and south. With Noront, I think that we are near something huge ('like... on the cusp of..."!!!): what we have not to forget is that the drills are turning almost non-stop along a terrain granted as being very very rich. Soon the market is bound to realize that. And as time goes by, a Major will have to pay a very high price to buy us on hostile bid. Because with infras coming as a sure thing, investors will hold tighter and tighter. Noront could become a blue chip sooner that some may think! BTW, I expect in 2012 a Toronto listing, 19,9 % holding by Baosteel + some supply /standstill Agreement with the latter... And perhaps another major discovery in the meantime...! Hey, a little dreaming does no harm...

GLTA.

BaBe.

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