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: Re: Noront Resources Ltd Gaps Up; Strong Momentum for Buyers

Ringer.............this was TA report. I have no quarrel there.

However when talking fundamentals she managed to omit at least 60 % of

possessions under NOT's control in leaving out Black Thor, Black Label,

70 % of Big Daddy and some 114 Million common shares of KWG that should

be worth quite bit more than they are now if Mr Smeenk can pull of a deal with

Chinese investors.............and that alone will help Noront's situation.

I wish him best of luck.

GLTY and all ROF investors,

Fossil

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