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: AGM Materials - Interesting

It is interesting to note that the Annual Meeting has evolved into a Special Meeting. The change in meeting types may be pointing to a spin-off of Windfall (Noront Gold?).

Is it possible that Richard will announce a buy-in by a Major at the same time?

With these share prices Windfall spin-off could be made granting all shareholders of record an equal share of Noront Gold. Major buy-in would be made after Noront New Co. (ROF?) was created thereby making the major buy-in a non-participatory arrangement in Noront Gold.

Hmmm.... is this why Noront has not made any effort to list on the tsx? Why do this when the process would have to be repeated again for two companies.

Just MHO.

Good luck all NOT shareholders,

AFS

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