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: NOT's Turn - aurizon...
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Re: NOT's Turn - aurizon...

posted on Nov 06, 2009 01:49PM

Wow, that's some BOLD statement you have made there...

"FWR has all the land assets to create infra-structure, gravel etc, so without those assets NOT is doomed."

Hows about a little education for the masses, eh???

First, Not doesn't have any gravel, I can't find that substantiated anywhere, even in a Noront release so, unless you can show where it says that Freewest/Cliffs has tied up all the gravel, then that is pure speculation on your part.

Second, if Noront has no gravel, and I quote,"NOT is doomed"?????

OK, for the education part. Please do not take this personally, it is only a statement to ensure that statements are made with "all angles of truth" looked at. So, you state that NOT is doomed. I state that NOT is "not only NOT doomed", but may end up even a wealthier company than most may expect. Why, you say??? Well,

Any and all land that is being, has been staked for access to the Ring of Fire is Crown Land. That means that if even YOU want to drive up the road to check out your investment in the Ring of Fire, nobody can stop you from doing that, or even charge you a toll for going up there. Think of it as just another Provincial Road... Anybody who has a drivers liscence and a registered vehicle can drive on it. Why is this important?

If Canada Chrome decides to build in a road all by themselves, Noront can drive up that very same road right behind Freewest's transport trucks to their destination to move equipment up or ore down... It's really that simple. Rail is a bit different, correct me if I'm wrong, but I believe that any rail built on Crown Land is Crown's Rail line and anyone who wants to ship on a rail line over Crown Land can do so by paying whatever the going freight rate is at the time. Now, spurs off the main line going over to loading/unloading facilities I think may be private... So,

Noront would only have to build their spur, same as Freewest/Cliffs to ship on this rail line.

So, how is Noront doomed? I think it would be a plus if Noront can get someone else to provide infrastructure and then just use it :-}. Why do you think that I honestly believe that these companies will get amalgamated at one point or another prior to the decisions to go ahead to install the access into the Ring of Fire? Nothing else makes any sense to me. I honestly can't see Cliffs going ahead installing infrastructure without some kind of hold on the area. That would be like giving Noront a present, a very, very expensive present.

Now, I really don't care how or when these companies come together, but I just can't see this area getting going without it. It's Crown Land. It's not like you can buy it and then tell other people to stay off it. You can make claims on it and even build roads on it but you can't keep others off it. Amalgamation is the only solution to making sure everyone pays their fair share... Especially with all the "fighting" going on.

All right, what, 12 more days??? Let's see what's going to happen between now and then. Maybe Wes has an ace up his sleeve, maybe he's feeling out the waters, to see if there's any sharks swimming in it...

God Bless all Noront Shareholders.

Herb

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