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: low is higher

Very clear and I feel good call as to what can be expected. Given the resources deployed by Noront and a lot of other 'players' there will be a steady stream of data to allow the markets to put a value on various junior exploration companies. This can't happen overnight and just maybe even by the fall of this year.

Only thing you can count on is that Noront has just too much 'blue sky' for a good portion not to be proved up. Even poor little Windfall will be contributing a lot more value by the end of this year.

Discouraging for a lot of investors to see the dollar value of their investment get beaten down these past months but just remember we're in the very early stages and upside is so much higher than downside if you can hold on to the finish line.

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