Pinnacle Digest: Noront Sparks Interest from Leading Mining Site

Jan 16, 2008 (M2 PRESSWIRE via COMTEX) -- NOT | news | PowerRating | PR Charts -- www.PinnacleDigest.com is a performance-driven online financial magazine with a consistent and disciplined approach to the market. With our growing network of experienced professionals we strive to bring investors the only multi-dimensional online investing magazine. Yesterday's news from Noront Resources (TSXV:NOT) announcing that they have entered into an option agreement pursuant to which Seafield has been granted the option to acquire a 50% legal and beneficial interest in 6 claim blocks, located in the "Ring of Fire" has led to further research by our team in order to determine if we will select them as our next Featured Company. Only Pinnacle members will be notified if we select them as our next equity target.

"We are investment experts.  Recently we have been following a stock you may or may not be aware of"

 

Why is our research team interested in Noront Resources?

Our team has had tremendous success in bringing forward companies in the mining sector in 2007 and we are following Noront's development to see if they have what it takes to be our next equity of choice. We are looking for mining plays with a market cap established over 250 million dollars due to the volatile times we are currently in; Noront certainly has that and with less than 150 million shares outstanding we are watching them very closely. A tight capital structure is crucial in our selection process.

"As investment experts, we look for up and coming mining plays"

The second reason is due to Noront's decline in share value over the few months. They could be a potential "bottom feeder" investment opportunity if they can continue to develop at these levels.

"Noront has the potential to grow exponentially.  They have formed numerous JV partnerships to drill their recent discover at McFauld's Lake.  The share price has recently moved to an affordable level.  Now is the time to buy before it is too late."

Although we haven't determined if we will select Noront Resources as our next Featured Company quite yet, we do plan on continuing our research exclusively on our site. If they continue to develop to our satisfaction we plan on bringing them to the attention of all our investors as our next opportunity in this very important sector.

"The high grades drilled at McFauld's certainly proves that this stock has the resources to thrive.  Upon further positive results, the share price will rise"

To recap, The Seafield property covers an 8 km stretch of the "Ring" which is interpreted to be underlain by metavolcanic and mafic to ultramafic intrusive rocks. Initial exploration over the property will include a state-of-the-art detailed heli-borne magnetic and EM geophysical survey expected to commence later this month, to define targets for follow up drilling.

"Seafield is one of many JV mining companies that have partnered with Noront to drill in the ring of fire"

We will be reviewing Noront Resources' development and its potential ramifications on their future; further information and the entire article will be available on our site as well as an exclusive Chat Board dedicated to Noront Resources. All Noront shareholders are encouraged to share their thoughts on this equity with one of Canada's largest online investor communities. Within one week we will be announcing our next Featured Company which we only do four times every year. Join our informative and complimentary online financial magazine at www.pinnacledigest.com.

"Again, now is the time to buy.  We only feature 4 stocks per year. Noront is on track to becoming one of these featured stocks.  Should we promote Noront, the sky is the limit with respect to the share price"

"Please note that we wrote this article because there is a good chance Noront may be one of the best performing stocks of the year.  However, we cant come out and say that right now, because we are accumulating at these ridiculously low prices."

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This news release shall not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction.

All material herein was prepared by Pinnacledigest.com (Pinnacle Digest) based upon information believed to be reliable. The information contained herein is not guaranteed by Pinnacledigest.com to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Pinnacledigest.com is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Pinnacledigest.com may receive compensation in cash or shares from independent third parties or from the companies mentioned.

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"This is because we are buying Noront shares exponentially"

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.

You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Pinnacledigest.com undertakes no obligation to update such statements.