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: Re: Fabulous News

Re: Fabulous News

posted on Sep 16, 2009 02:07PM

"I read the news this morning with great relish. The news is truly spectacular."

As should be the case with many others! I would simply say 'Very Affirmative of True Potential, as opposed to "Spectacular". "SPECTACULAR" was the case in August - September, 2007.

"Look have we proved 10 million tonnes of Nickel ?Not yet."

"Not yet"? This will only be the case once that amount has been pulled out of the ground! Can Noront Estimate, via an Updated IN 43 - 101, More than 10 million tonnes? Yes, but to do so requires much more Drilling. And with Directional Drilling Tools and Wedging Out from the currently existing Drill Holes the Data for doing just so will be obtained in relatively Quick and Efficient Order. DH 53W was just the first of these Wedge Out Holes. Question now is: How many more have they completed in this Drill Hole and in Subsequent Drill Holes since August 20th?

"Do we have a great stepout ? Not yet."

"Not yet"? Consicering the Orientation of the Deposit Geology, DH 49 was EXACTLY a SPECTACULAR 1 KM STEP OUT from Surface and Extends Eagle 1 (A) by more than 650M!

"Are the intercepts getting bigger and near the surface ? Not at the moment."

"Not at the moment". Alsa, it is the NATURE of the Geology that 'Tells the Tale' here. The Deposit STARTS at SURFACE and appears to "Go Deep", and Virtually 'Straight Down' from the 'Present Day' Surface. 50m - 60m Angled Intercepts from the 'Implacement Surface' to the 'Implacement KEEL' with a Breath of up to 300m makes this "ONE VERY SIZEABLE DEPOSIT" AND it Appears to Go Very Very DEEP.

"But have we found a lot of very high grade Nickel and PGE's ? Yes, Yes, Yes."

"Yes, Yes, Yes." TRUE, TRUE, TRUE!

"This is a buy at this level and I am loaded up to the gills. There will be many people who come on here in the next few days to try to talk you out of your shares. DO NOT LISTEN."

On this, only Time will 'Tell the Tale', just as for the actuall Drilling 'Telling the Tale' of the Mineralization. Thus, be sure to "Listen" to the 'Sound of Drills' as they 'Sing their Song' of Mineralization!

"They'll say you are being pumped and primed by a group of posters. DO NOT LISTEN.

Everything is just fine. Holding with happiness and NOT selling."

But many are already very Pumped, having been very well Primed on NOT 07 - 05, all the way back in September, 2007. From that perspective, NOT much has changed. Only the Extent of the Mineralization has been changing. And that is the kind of change I can live quite comfortably with!

Old Joe

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