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: Attention Noront Management

I agree that its extremely frustrating to see where the price has dropped to and that many loyal supporters of the stock may be forced into margin calls at the $3 but using our cash for a temporary fix may not be the best idea. We all know that the drills are going to ultimately tell the story in the RoF and we need cash, a lot of cash, to make that a reality so I'm not sure that spending that money to buy back some shares is the best way to reward investors. We all know that we are being manipulated so once the share purchases are finished they will be back to their old tricks and drive it right back down and we'll have to raise more funds much earlier than planned. Remember, assays are probably delayed due to high nickel grades and are being re-assayed which is great news. With a little patience, we get a news release within the next two weeks and the stock jumps back up again without having to spend a nickel. Patience is very key when results are tied to something that a) we can't control and b)takes time to produce.

Remeber, there is nothing guaranteed about investing (unless you want GIC's), so if you can't afford to loose it, don't put it on the line.

Holding strong and confident that management will release some stellar grades shortly to get our darling heading back in the right direction.

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