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: Noront is not just a nickel play.

"So if you think that 2009 was exciting then you have not seen the main course that will most likely be served up this year."

Well, one persons exciting is another persons yawn. I would say it's been an interesting year. When NOTs sp is back at a respectable level then that would constitute exciting. Let's try 7$ for a while and see if that feels exciting. Alright, $5 will do for a start. Seems to me most of the year we were waiting, and grumbling, waiting, and grumbling, etc. Then CLF crawls out of the dark recently and offers a price that, up to this point, the FWR folk find unacceptable. Is there promise of things to come? Yes. Will it be soon? Don't think so. But then that depends on what you think soon is. Beware the prophecies of those implying or using the word soon. I haven' seen soon since 2007. What's happening is what a number of posters outlined.... "this will take a while." As for the main course, I think we're still in transit on our way to the banquet never mind the appetizers. If NOT is going to production or even in the same hemisphere near it then we are a quite a time away yet. Some described the time to fruition as being 5 yrs out from 2007. Bit of time left. Oh yes, if NOT doesn't come with some news soon into 2010 we'll be back to .....waiting and grumbling. As such is human nature. As some have noted, it may be NOTs design to continue to keep a low profile as far as in ground assets are concerned.

Just my thoughts on one scenario. You'll have yours I'm sure.

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