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: Decent week

All in all it was relatively decent week for Noront. After making a stand

at 52 week low of .245 cents it started moving north on inreased volume

finally topping out a@ .31 cents and closing @ .30. Although i remain a

long term bullish with somewhat reduced expectations.Short term i have

no clue as usual ( hopefuly Edgy can tolerate that).

Both NOT & KWG are in need of capital, KWG more so because of need to

continue it's earn in JV at Black Horse.Yardstick i've been watching for

good part of two years opened to a new high of 12 shares of KWG for

each share of NOT. It was as low as 5 to 1 and high of 11 to 1 las year.

Black Horse is a must for KWG IMO.

Also a new Probe might be worth watching as a force to be reconed with.

As for merger of some kind? Can not see it as being helpful to KWG

at this time and would probably be a distraction to NOT since they need to

work on Eagles Nest first.

GLTA longs in ROF.

Fossil

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