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: Ring of Fire slowdown opportunity
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"Even better, he said that the collapse of the junior mining sector is creating consolidation opportunities for Noront. When the company discovered Eagle One, it triggered a massive staking rush in the Ring of Fire. But now, many of those other juniors that staked ground are running out of cash and have stopped work. As a result, the action in the Ring has slowed considerably."

.....and now we are seeing those JV's collapsing...... and the land returns to NOT. Seems to be working out doesn't it?

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