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 a hypothesis

There are too many shareholders with high costs to settle for anything less than $2.

Very true JDR, however, if someone offered $2.00 for Noront we would be over

five times better off then we were at yesterday's close of $0.37.

Best of all each shareholder would then have choice: HOLD-OUT or BAIL-OUT.

GLTA,

Fossil

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