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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Hi Sagtag,

You write:

"Babjak1, I took this line to mean if Cliffs gets FWR than a plan and start of infrastructure is certain. Therefore any companies with an known resource will have an increased value as the biggest hurtle will have been taken care of by this Cliffs deal. So I believe BMK is saying let the drills drill because we all have the potential to make money, big money with infrastructure in place"

I agree 100% with you. Noront is the only company with an NI 31-101 on 2 deposits.

It is the only one outside of FWR with a known resource. I believe this is why the "greedsters" are hitting Noront the hardest. Let's face it they have the deposits, the money, the land package. Did any other company in the ROF see the lunchtime shenanigans today? You steal from the richest house on the street.

And the clock is ticking. BMK's NR is another wake up call with , "hello, infrastructure makes your deposit more economic." Therefore, Noront is more valuable today then yesterday.

There was yet another wakeup call posted today by Benjy. It was the Globe and Mail Quiz. It had 100 questions on it. Everything from what is the name of Tiger Woods wife to who won best male actor at the Academy awards. Out of 100 various questions in this quiz only one that I could see pertained to mining. Only one. And that was the Ring of Fire. Question # 35. Where is the Ring of Fire located: Ontario. The ROF is becoming a household name. That is very scary for the greedsters that have limited time to get in on the action or to "fatten their already bloated pauches and triple chins."

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