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's Short Position
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Colinj.........When an ivestor or Entity sell Noront shares that they

do NOT have they are deemed to be Short Noront. Shorts might be

Covered Short or Naked Short Covered Short is when one might exersice

an Option in future but wants to sell Shot prior to that time.

Short selling is not suited for retail investors and best left to pro's.

Hope i did not confuse you.

GLTA,

Fossil

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