This very question has been raised once before, here's the skinny...

Re: Vanadium - Financial Post Aug. 12/09

Luker, I would'nt worry, thier operative word here is "could" well meet the worlds vanadium needs for decades.

Comparison: Location

Uranium Star Green Giant ...............Madagascar

Noront Resources Ltd......................Ontario

Financial position

Uanium Star.............................need cash

As at December 31, 2008, we had cash on hand of $2,950,457.

Noront Resources. as you know is very well cashed up and drilling on.

Trading info

Uranium Star.....................OTCBB

Noront Resources...............TSX. Venture Exchange....for now.

Deposit length

Uranium Star....................................18 kms. Near surface

The mineralized zone is interpreted to pinch and swell along its entire strike length of over 18 kilometres, as well as up and down dip.

Noront Resources Ltd.......................900 meters maybe 1600 m by extension.

The three holes drilled in the Thunderbird magnetic and gravity anomaly suggest a mineralized strike length of over 900 metres and overall widths between 165 and 242 metres. The assay results suggest that the vanadium mineralization in this zone may be economically significant. The results to date suggest that there is every reason to believe that similar mineralization extends to the limits of this 1.6 km linear magnetic trend. Numerous other linear highly magnetic anomalies exist within Noront’s claims in the Thunderbird area.

Estimated Tonnage

Uranium Star................."hopes" to get 200 million tons from its 18 km deposit, no drilling yet, just trenching to date and results are hand held XRF estimates.

Noront Resources.........has put 5 holes down, assays back, great intercepts with assays back yeilding very good values of not only Vanadium but Titanium and Iron.

 Noront has intersected two zones of disseminated to semi-massive
    V-enriched magnetite over a width totalling 277.64 metres in hole
    NOT-09-2G21, mineralization continues downhole, additional assays are
    pending
-   The A zone returned grades of 0.36% V2O5, 2.77 TiO2 and 24.72% Fe3O4
    over 178 metres from 132.55 to 310.58 metres in hole NOT-09-2G21,
    including 45.88 metres averaging 0.51% V2O5, 3.71% TiO2 and
    31.71% Fe3O4
-   The B zone returned grades of 0.36% V2O5, 2.66% TiO2 and 23.58% Fe3O4
    over 99.64 metres from 397.20 to 496.84 metres in hole NOT-09-2G21,
    including 35.29 metres averaging 0.51% V2O5, 3.56% TiO2 and
    30.38% Fe3O4
-   Similar mineralization was intersected over similar widths in two
    holes, one 300 metres north and the other 600 metres south of hole
    NOT-09-2G21; assays are pending
-   A preliminary metallurgical study is planned to examine possible
    means to extract iron, vanadium, and titanium from the mineralization

Hole From (m) To (m) Interval (m) V2O3 (%) TiO2 (%) FE3O4 (%)

900 m x 200 m x 200 m x 4.1 = 147,600,000 tons and growable

This is my estimated opinion and should be taken as only my opinion, do up your own estimates. We will be doing more drilling at Thunderbird, time.

I've got to say my moneys on NOT to win the Vanadium race, should there be one. An open pit Vanadium Mine, open pit Nickle, Copper Chromite Platinum Paladium mine etc. etc. will all eventually be under the weight of heavy machinery.

Noront Resources, Canadian Made, infrastructure coming, multiple mines coming to an area 25 kms long in the Ring of Fire.

Each and every bit that hits the earth around there could well be the next big find. What's next?

cheers all
great day today.
Notster