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: inside trade ....financing for a PP
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inside trade ....financing for a PP

posted on Aug 18, 2009 07:02PM

again, i would like to calm peoples perceptions of Joe's selling:

as i tried to point out in the past ...these fellows are participating in the recent private placement.... it is very hard to resist selling ones current shares when you then can take tax advantages of a flow through with the same cash....

....Joe beleives in the future of Noront ...that's why he sold some of his current position to off-set his participation in a PP for future drilling.

...this is very common among insiders and outsiders too :))

cheers ...danny

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