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)

Free
Message: Freewest is off-toic and not relevant to Noront

The problem OBG is that it is hard to get meaning discussion on the FWR board that represents our interest and that is why we need to have it here. I personally hope that this vote turns out that FWR is on topic because of this. With the lack of news from NOT, we may as well discuss the FWR news.

I believe that NOT is holding info until the 3rd party makes itself and its offer known-if a serious offer does materialize, still have not seen it of course. Once this is out in the open, then I believe NOT will put more cards on the table. Until then our SP will flounder but this will have no effect long term or even on this merger as all cards will be on the table and I do not believe our SP will not be this low when it comes to crunch time on the merger.

Glorieux

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