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: WSR Halted.....NOT not moving

Low volume isn't totally unexpected since Noront seems to have a large following of fence sitters just watching and waiting to fall off once they see some indication of price direction.

What, I think, we've seen for a while is a scary game of chicken where the buyers have more nerve than the sellers and just wait until some nervous shareholders let go of shares and the ripple effect lowers share price.

Often times I wish Noront retail shareholders would have more backbone and hold tough confident that those accumulating will eventually pay 'IF THEY HAVE TO'.



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