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: Spoke to R. Nemis today

Spoke to R. Nemis today

posted on Feb 20, 2008 04:43AM

At 9:20 this morning. He seemed a bit upset by the current market price put on Noront shares. His opinion is that just the DE 1 alone especially with the addition of Rhodium makes Noront shares worth more than current market price and includes nothing at all for other anomalities, land/claim holdings or speculative value for ongoing exploration.

I asked about timing of next news release but all he would say is that he releases information just as soon as he has it to give out. Weather is indeed very cold up where they are drilling but the drills continue to turn.

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