Considering the lack of news with Noront I've been spending some time lately researching and reading through some old News on the Ring of Fire.

Some old news that I came across today while researching Chromite got me thinking today was the takeover of Freewest by Cliff's. As most of you know, Cliff's tookover Freewest for a cash offer of $240 million. As far as I can find Freewest had one holding which was the Black Thor Chromite deposit.

That can sure offer a good perspective on Noront.

Our Blackbird Deposit has proven to be roughly the same quantity and quality of the Black Thor deposit yet our market cap is currently at aroung $100 million, less than half of what Cliff's paid for Freewest.

Not to mention Noront has Nickel holdings and large unexplored lands. We can even throw in Windfall if that proves to be anything larger.

Now will the markets value Noront fairly some day soon?

JDR