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: A Phone call ( Dissident campaign side).

A Phone call ( Dissident campaign side).

posted on Oct 16, 2008 11:25AM

Just called kingsdale collect for info on what Rosseau would do. Following the meeting Noronts New Board of directors should immediately establish a COmmitte to search for a New Chief Executive Officier. 2. Move ahead with pursuing a listing on T S E. 3. Spin - off Noronts non - core assets. He also said management was prone to exxaggeration undue promotion this has reduced its credibility in the marketplace,so they would re - establish their credibility ( Didn*t say how). They would re - evaluating all exploration expenditures to rduce cash burn rate. Again ( didn*t say how). Ensure Noront has right Senior management in place. Don*t understand that statement. But then said instilling a shareholder - focused culture by improving transparency & acountability of senior management & the bod. to noronts sharehoders. Most of the conversation sound like he was reading it from a script. Anyways thought this might give us a Idea what they are trying to PROMOTE".. My vote is already in Richard *& Bod, Long & Strong

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