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: Buy on Rumor Sell on News

Resource exploration companies are involved in difficult terrain and rely on outside contractors and advisors. Trying to estimate project stages and when news is likely to be released is difficult. Add to the difficulty the normally optimistic mind set of exploration people and you find that most often the targets set just can't be delivered on time.

If you've invested in these juniors over a long period of time that's always in the back of your head even if you forget it and get annoyed at delays. It's just a fact of life so we have to get over it.

Noront is no better or worse than others as experianced over delays in Windfall and slower than expected release of drilling and assay results. We wouldn't be investing unless we where of optimistic persuation so maybe natural we expect things to happen faster than can be done.

Bit of patience sure comes in handy and does pay off in the case of Noront shares increasing in value over time. Makes for pleasant opportunity to purchase more when impatient holders decide to move on. 

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