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: Interest free loan

I just don't get it. Compared to what the Ring is worth as well as what Noront should be worth , the $15 million loan is peanuts, yet interest payments are slowly devouring this company!

Does Ontario or the Feds care at all that the company and the ring may be falling into the hands of weak American hands at best or loan sharks at worst ! 

Please tell me why Noront could not negociate a low interest or interest free loan from the gov't in the name of National interest or even National Security. We are talking about a puny amount of money in the greater scheme of things and should be an absolute no brainer ! Have we asked and been turned down? What does Greg Rickword think ?

Both Canada and the US want to secure future supplies of key minerals as they have said. HELLO !!

I just don't get it !!

Rico

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