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: I'll hazard a guess

It is nice to see the support at $5.30 as it indicates people wanting to buy in now before news takes price up a good few notches. Noront continues to lead the 'Ring of Fire' players.

We know RN is going trying to bring a good number of the junior exploration companies into one 'family'. The stronger Noront stock is the easier doing that will be.

I'd expect the next news release will contain a lot more information than just drill core assays. Maybe a peak at part of aerial survey, likely a few more jv's on Noront property and some analysis by the company on DE One. Not a release that can be quickly written or reviewed by stock exchange. Hate the stop trading but that's probably what will happen some time this week.

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