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: Re: Noront - Good Sign - Glorieux, Herbert, Noront50, SilverEagle...
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Aug 01, 2008 02:54PM
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Aug 01, 2008 03:05PM
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Aug 01, 2008 09:49PM

Good discussion. Thanks for starting that Noront50. To add to Herbert's Windfall cash for DE, what about Eagle One ? RN did say say that they would mine it. I know that many have said this is just a bluff, but maybe that's what these new hirings are part of.

Noront is putting an all-star management team together. They have three active drills and a fourth starting soon, I believe. Crews for all that drilling, camp expenses, etc...... Monthly expenses are way up from last year, to say the least.

This is much bigger than we even know, IMO. I mean, we only have partial results on, what is it, five properties drilled ? And there are at least a dozen or more hot spots ? Do I have that right ?

We have three excellent discoveriess in Canada by Noront, each of them different. Gold, Chromium and Nickel/Copper/PGMs. So here's my plan.....

Continue to define the Chromium deposit. Then, spin off Double Eagle and Windfall into separate companies, while at the same time, selling off the Chromium to Xstrato, errr, I mean Xstrata, or another major. Then continue to drill at DE, while also pulling out the gold at Windfall, for cash flow.

When the deposits are defined at DE, the motherlode found maybe, then sell it off to the highest bidder and RN is left with his original WF, which he eventually sells off, while sitting on a beach in the Caribbean somewhere (that he purchased), wearing a straw hat and sipping on a tall cold glass of his favorite beverage.

And of course, as we'd all get new shares in the new DE and WF, plus the benefits of selling all three of our companies, we'd all be rich beyond our wildest dreams.

Huh ? Oh, I must've fell asleep...I was having this fantastic dream....

strato-dreams

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Aug 02, 2008 08:22AM
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