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: Underperformer

Extremely hard for many of us to see how Dick Nemis would have lead Noront into market valuation worse than what new 'management' have.

Maybe the company's prospects haven't diminished, ground is still there, but shareholders were dilluted by BoD and Market doesn't see any 'sparkle' which Nemis did give us.

My for a bit of 'blue sky' right about now.

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