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: the big 3 in the ROF ...MUST MERGE

Problem is that Noront need not seek any such Mergers of this sort at present. In fact doing just that would expose the newly formed company to an undesirable Take Over all the more easily.

Best, so as to maximize VALUE in each company, to continue on as things are at present for at least another six months.

Old Joe

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