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: Why was Noront not halted , was this news not material to the stock

Yesont

I just read Noronts' reply to the to the currently privately owned, indepedent, Noront "insider - defined" Noront comment, which I read, but couldnt copy/distribute.

Reasons given by Noront, in summary:

1. It wasnt a legal offer, in writing.

2. The person making the communication is a known, Noront shareholder insider, and hence ineligable.

3. Noront has the legal right to respond in 105 days to any legal offer, from any qualified suitor , if/ when made legally.

My summary, my words, since I was awaiting the publishing of NOT board comments, by now.

Fyi

Lets see if this "fake" offer was just a price promotion $'s quick flip promtion attempt by the indepedent Australian mining billionaire.

Entertaining, though.

Peter

 

 

 

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