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

IF the railway goes through, what are your thoughts on Noront's willingness to actually sit down and talk with KWG and come to a mutually respectful and beneficial business arrangement? What forms might that take? I could envision a large range of options, everything from simply being a guaranteed customer from shipments, to a full-fledged merger of the two entities. However, I don't know that either Frank Smeek or Al Coutts would be willing to consider a merger. Therefore, I'd envision somewhat less monumental developments where both companies remain as standalone entities.

But sometimes my opinion changes from year to year.

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