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: Noront - a "developer" not just an "explorer"?
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Cupcake:

Everyone at Noront has their cards close to their chest. Why? New CEO coming - we presume.

Perhaps the "developer/production" label is being waved about as a means of marketing the vacant CEO position. That is, who would want to be the CEO of a junior venture explorer when the BOD has larger, grander dreams. They have the most $$$, the largest number of drills, one of the best geos, and one of the best land positions.

When you're #1 in the ROF, you might just get a little cagey, too. Why display a winning hand?

Snug

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