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: Once again pure manipulation

Noront has not yet made any statement as to the size/tonnage of DE1 and it's still up in the air until a resource calculation is finished. If Nemis doesn't know what the resource is then neither we nor the Market knows either.

News on DE2 will fire things up but we're still a long way off from serving up facts rather than guesses and market will treat Noront as very speculative until that information comes in. When it does come you can bet the price per share is much, probably very much higher.



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