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: What IBK& JPM did for us

Yes! From just a few things I was able to piece together in late December I was feeling more confident then that JPM's getting involved when they did had as much to do with SOMEONE wanting Noront Resources to have one of the best key players on the Big Stage feeding and supporting them on timing matters. This JPM should be capable of doing as we can now clearly see where JPM stands with respect to events on that Big Stage.

However, I still do not like the pricing of the last PP and likely never will. I do trust that it came with a better undrestanding by all the parties participating in it (including the SP activity since early November up to it's having been agreeded to. And now we have sepedited the removal of the PP Warrants (one way or the other!!!). As for that act to be put behind us for ever we have to await the Market closing on April 10th , 2008.

What can happen between now and April 10th, 2008? Wish I knew! But I do NOT!

But I will be watching and with a front row (shares wise) seat.

Old Joe

PS: More excitement than we deserve but we will get our money's worth, THAT IS FOR SURE!

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