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: A general thought
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Dec 13, 2007 08:32AM

Dec 13, 2007 08:53AM

Rosedale, That is the point, the ones closest to knowing the facts are holding strong. Having said that, maybe some of them don't need the money ie: Nemis and Harvey, I would think that they are reasonably financially well healed, as for the rest of the team who knows. The fact of the matter is none of them have sold shares, save and except Neil Novak who sold 50,000 shares back in October. To me that is incredible when you think not too many days ago the SP was in the .40's. One would think that temptation would have set in and some of the staff just might have unloaded even a few shares.

I again just want to emphasis the actions of Nemis, Harvey and all players involved only give credence to their positive view as to what lies ahead for Noront. I personally feel very fortunate to have picked up on Noront one year ago. I can understand the anxiety for those that bought in at the $3.00 to $7.00 level. Trust me when I say I am by no means a rich man but I too have seen my portfolio go up and down literally Thousands of Dollars from one week to the next. It does take a toll, but so does starting a business, getting an education or raising a family. The prize is there you just have to be patient!!!!

Thanks again to everyone here that not only provides valuable information but also encouragement .

1
Dec 13, 2007 09:06AM
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