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: wHATS UP

Here is something to talk about?

We are not getting any buying from the institutions probably because they think that they will be able to get in on the need for more funds by Noront. Why buy now when they can get a flow through later? Now what would happen if Noront doesn't go to the market for money? Just supose that Baosteel buys the chrome for cash and also takes another 10% of the company to make Noront financialy capable to mine the chrome for them from the same mine as the nickel/pge/cu. The instituutions and others would have to go to the market themselves to get shares. What would they pay then? At the same time the FNs could be willing to come on board with the company, maybe even on to the board of directors with a percentage of ownership. The bush is making more noise lately.

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