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: NEWS - Noront Update and Flow-Through Financing
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Good thing the shares are offered at $.80 so that it will be a real stretch for anyone to make a quick buck off this - ha

Spider was able to do a PP at $.05 when the shares are trading at $.03. At least that is a 60% increase in the base price. Even a 50% increase for the Not PP would have been approx $1.06 per share (based on the $.71 price today). Would have resulted in a more reasonable $26.5MM injection of funds.

The let's keep the SP low conspiracy appears to be alive and well.

IMHO

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