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: Brokers Meeting Video Message
1
Sep 19, 2007 09:30PM

in the mean time, misfits recap is 100% acurate, ok maybe only 99.9%

rECAP of VIDEO

Posted by: MISFIT1 on September 19, 2007 03:25PM

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- maps out there are "out of date"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.

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