OMG,

If you have a chance, watch this video.  You will not sell a single share.

Highlights:

- Nemis: looks like 20-30% cal... in hole 5 from the outside.  That hole is 65 M.

- trying to get 2nd drill on property.
- tons of geophysics going on to establish size and shape.  Lots of people on site.
-8 helicopters staking claims (other juniors + Noront)
- maps out there are "out of date"
- basin looks to be 100KM across
- Crown land - NOT has both surface and mineral rights.
- Hole one was reason for the halt
- Security commission recommended site pictures
- working close with Native groups.  Meetings with 2 chiefs.  Taking them to hockey game.  Chiefs are excited to get their people working.
- working closely with securities commission to word everything right.  Nemis said "he is the first one to open his big mouth if he could".  Is much more careful today.
- 35 M in bank once warrants are taken out.
- No financing coming up.  Not needed at this point.
- Retained IBK Capital on a two year contract to be financial advisors.
- "Story is just beginning - this could be enormous"
- Size of area out shortly
- problem getting drillers

IBK then spoke:

- Voisey Bay had a 300M market cap after first couple of holes.
- The 8th hole changed the world.  104 metres of high grade nickel and copper.
- Inco bought them out for 4.2 B.  Inco was worth 5.7B at the time.  IBK brokered deal.
- Voisey Bay did not even have development permit at the time it was sold.  That was issued 4 years later.
- Nickel at the time was $4/lb.  Copper was $1.31.  Today Nickel at $12 and copper at $3.35.
- Large company just bought Inco for 20B.  $8.8B of that was voisey bay assets with today's metal pricing.
" equates to $78 dollars a share when looking at Noront 110M outstanding shares."
- "this is a very rare find.  So close to surface and high grades".  These opportuntities to get in on the ground floor is rare.
-"Worst case scenario - $1 a share."
- "for those who say they missed it, this is just the start." "$4 given that they have 84 vertical metres of "massive" (TSX allowed this term) sulphides will bring world attention.

Misfit1 adds:

Anybody who sold today will be regretting this for the rest of their lives.  This is the REAL DEAL.

I encourage all to watch the 45 minute video in its entirety.

M1.