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: Perfesser Woe-Is-Me-Land

It is not so much what you say as how you say it.

Uncertainty of course but not about Chinese demand, commodities are not all bad and their price has little to do with Noront's nickel ore. What commodity prices have with respect to Noront nickel is mostly perception and not reality.

You are correct about Ontario government. I had hopes with Mcguilty and later thought Wynne would be a winner but more of same. Some here have their hopes set on Conservatives and an election but not I. To me all politicians are the same.

As for Cliffs, they had it made had they been willing to share the route with KWG and others but they insisted on their project first of all, Which arose the ire of KWG.

A big player? May not be a saviour if aquiring us along with a few other miners at near current prices.

As for E/W road, it has to be an initiative and responsiblility of provincials, with Noront only helping with construction costs. Roads are provincial and E/W would not be a private ( Noront? ) road.

HOWEVER, as slow as things are they could explode at any time IF the right announcement were made by the province. That is why many here have short term hopes.

I am 65 and am used to waiting, especially with mine development.

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