Hang on to your shares!

Today's market action makes no sense to Noront management.   They have heard rumours of accumulation by a major{s} but  have no knowledge as to the truth of them.   Mr. Novak believes today's DE update is very positive and the results continue to add to this excellent project.

The Tri Eagle JV is to the north, on the ring of fire.  It does not, I repeat NOT include any part of our Double Eagle project. It is an excellent deal from our perspective......we get half of anything WSR finds, plus shares in WSR, plus a few bucks, from a property that we couldn't get around to for a while anyway.  The Tri Eagle property does have good potential, obviously, or WSR would not have made the deal.

Mr. Novak believes the Windfall results are good as well, however he is so busy with DE, that he is not as up to date on that project.  He did say however, that the missing section of hole NOT-07-150, is in for re-check {sounds good to me}.

Mr. Novak did comment on more general items as well,....... lots of positive opinions from Noront management.  Remember folks, these opinions are significant, because of the trust and confidence we all share in NOT management.  Mr. Novak reiterated their commitment to maximizing shareholder value.

On a closing note, a man I worked with a number of years ago, who had been a broker at one time had an expression that applies to today's market action,

             "Don't let the ba#t%rds grind you down"......Thanks Paul