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: the NEW BOD/Don/Tomy...Map Attached - AT12/Don
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rosehill;

How about looking into (and back over the developing Noront Vision) the recent past and the planing Noront was suggesting in news releases of "Going It Alone" on Development of their Ore Deposits in the RoF as the best alternative for Maximizing Share Holder Value in Noront Resources as well as in Maximizing the Value of the Known Minerals in the ground within Noront Resources Claim Blocks in the RoF area.

Seems to me that pursueing this very viable strategy was seen as a major threat to several of the other area Property Holders (who had more than insufficient Capital and access to insufficient Capital and were seeking to ride Noront's coat tail and or looking to do a sweet heart deal with Noront Resources in terms of consolodating many of the YET TO BE PROVEN Properties with the ALREADY PROVEN Properties held 100% by Noront Resources.

Add to that the thought many Majors would have to have (knowing the Credit Market conditions they all knew were developing over the past 2 - 2.5 years) respecting their "COST of TAKING Noront Resources OUT" should Noront Resources continue on the "GO IT ALONE" optional approach.

Thus, the best cource of action for these Subservient SHAKER/MOVER types, as directed by their Owner/Masters would be to STOP Noront's Previous BoD dead in their tracks on continueing to maintain the "GO IT ALONE" approach as the best most viable mode of Maximizing Share Holder Value and Maximizing the Value of the Known Noront Mineral Resource.

Noront Resources would be able to sustain Exploration AND also be very well capable of raising the required Development Capital (as will become ever more clear to all - even the most ardent nay sayers in the coming 6 - 18 months) when all but a select few of the other RoF area Companies would be virtually incapable of raising sufficient Funds so as to demonstrate they actually share in the Treasures LOCKED IN PLACE through out the RoF area.

And though I too do hold Shares in PRB and believe they will be one of the FEW, I also believe it will cost PRB much much more to prove up their Value independent of Noront Resources assistance, input, and or support via Co-operation and or some kind of mutually beneficial agreement between the two.

Now all we know is that the present NOT BoD are continueing with much, but not all, of the previous BoD plans and have yet to demonstrate ANY new insights nor put forward ANY alternative viable STRATEGY for Maximizing ALL Share Holders Value in this otherwise Most potentially Extremely Valuable Company.

Old Joe

PE: Able to be WOWed but only by WOWing REAL progress.

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