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: Cannacord

Mild comment is that I have little respect for Cannacord!

Great time of year to play games with Noront shares knowing that the company is unlikely to release more drill results for a month. Will be a lot harder to play with peoples perception of this company once they provide more 'proof of the pudding'.

The hardest thing for me to accept is that investors are willing to part with shares at current price levels. Maybe margin but that's a silly game to play with junior miners.

I'm also surprised that an institutional investor doesn't step in and start buying as they could likely pickup a few million shares at under $4.50 and won't have this opportunity next month.

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