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: Noront Announces Ammended Debt Arrangements With Resource Capital Fund V

Your complaining about management is way off base, they don't make any more money than any other company in that business of that size. They have done everything they could to get things moving. The problem is with the FN and government over which NOT has no control. Alan as part of his agreement to work for Noront was required to purchase 335,000 shares of Noront at 30 cents and he still has those shares. He could have sold them a while back and made a nice profit but he didn't. He is just as much dedicated to Noront as any of you.

If Noront is being sold off it is to stay alive not to fatten the managements pockets.

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