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's MD&A

"The 600,000 options granted to the interim co-CEOs vest at a rate of 50,000 options in aggregate each month, for twelve months for so long as the optionee occupies the office of interim co-CEO and are exercisable, to the extent vested, until November 10, 2013."

You've gotta love this. 4 yrs to pick up cheapies for pennies when the company could be at big bucks or more than likely long since sold. Just go to your bank and say "can I borrow a few hundred thousand? I can pay you back tomorrow and then I'll be able to loan you some of mine if you've got some liquidity problems."

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