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: Bulish 3 Box Reversal Chart

Bulish 3 Box Reversal Chart

posted on Sep 11, 2009 11:26PM

As expected, NOT is following almost the same trading patten from the early Aug./07 to early Sep./07. Next significant pop-up will likely occur within a week or so. If Noront proves tripling of Ni/Cu PGM mineral reserve with 3 hole assay results (extension & width) including hole 49's, IMO, Noront resoure estimate excluding chromite and vanadium resources would be approximately $5.4 billion and we can easily see $5-8. Please have a view of the following weekly chart.

http://stockcharts.com/charts/gallery.html?not.v

As posted, there was no NR prior to PP closing date and down-side manipulation was going to be stopped at around $1.82 as "stop-loss" became dried out.

Noront has done a wonderful job sealing the drill information and ZTEM results even to the close jv partners. Wes guaranteed we (retail investors and institutions) will get the results at the same time. We will be all bullish once releasing good drilling results.

The only information I heard by from various sources is that Noront was drilling a step-out hole far away from hole 49 near other company's camp when flying over the area by helicopter in August. I thought BHEM holes were pretty much finished in July.

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