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: Fairly large holder

Fairly large holder

posted on Dec 10, 2007 05:44AM

Pinetree Financial holds at least 8,610,000 shares of Noront and 2,375,000 warrants having bought a substantial amount on the open market.

Pinetree invests in junior companies and looks for a 5 to 10 times investment return over 6 to 12 months. Not a buy and flip operation but shrewd investors with a lot of experiance.

When other investment houses with a lot deeper pockets than Pinetree start following Noront you can expect share prices to bump up sharply as demand for shares exceeds supply.

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