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: fancamp and noront

Blue:

A run at Fancamp by Noront. Chances are slim in my estimation. The only way that it possibly could happen is if the capitalization of Noront became huge because of share price appreciation. But since FNC's sp rises in lock-step with NOT's, FNC would be too expensive to buy.

Just my thoughts.

Snug

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