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: Eagle One Valuation = $4.38 per share

Hi

I think that just mentioning the possibility of building a concentrator on site, means they have given that a lot of consideration

I believe once they move in that direction the market will take notice.

I also agree, as others have suggested, it would be great if the major ROF players would try to work to that end.

I don't mean joint ventures necessarily, but a joint venture (co-op) with the aim of getting permits, roads, the concentrator etc

Good luck to Noront shareholders

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