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: Cliffs and the ROF

Seems to me to be a valid comment AND the fact that Cliffs have owned and operated a rail line for so many years comes as a surprise to most of us. The knowledge and expertise which Cliffs has isn't something to treat lightly. Cliffs have invested in the ROF and did so after a careful study, you can bet they considered Noront's position and resources as they are critical to economic development of mining.

Why not 'dream' of some connection or association between Cliffs and Noront. Cliffs has a history of taking a non controlling interest in various firms and working towards win/win situations.

My guess is that Noront does watch and consider what's happening with Cliffs involvement in ROF and what benefit it brings to Noront.

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