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: Is it me?

I am fairly new to this forum but I have been lurking for awhile reading posts, and I have noticed that the majority of the time any one says anything negative despite how realistic it might be there is chorus of indignation. I want to see Noront do well as much as any one but the mining engineer in me has a hard time accepting 8 $/t mining costs, or a 10,000,000 tonne deposit being world class or even minable, etc. Optimism should always be tempered by realism or it is a recipe for disappointment, but then again I could be way off base.

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