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: What is happening?

What is happening?

posted on Jul 06, 2009 06:08PM

The only thing I could think of is that there's a financing coming our way.....seems we may get that before we get assay results...why else would anyone in their right mind sell over 2 million shares at this price with the prospects we have going here

On that line of thought, I noticed this about the latest news releases from NOT compared to FWR

From FWR we get this "Freewest is a well-financed mineral exploration corporation with over C$8.0 million in working capital"

From NOT we get this "Noront Resources is focused on its significant and multiple, high-grade nickel-copper-platinum-palladium, chromite and vanadium discoveries in an area known as the "Ring of Fire", an emerging multi-metals district located in the James Bay Lowlands of Ontario, Canada. Noront is the dominant land holder at the Ring of Fire and continues to delineate and prove up its discoveries with NI 43-101 technical and economic reports and an aggressive drill plan for 2009."

The questions are ....how much $$ is left? Do they plan to do a financing in the next month or two?

Hopefully I am wrong and it turns out there are some out there who are just very desperate for some cash or they are brain dead and don't realize the value here.

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