Mid October 2008

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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Babjak1

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Mid October 2008

posted on Mar 09, 2010 03:07PM

Mid Oct. 2008 was around this time that my dad bought Noront shares at 1.25 per share.

Nickel spot price was about 5 bucks per lb. WE are double that now.

When I look at the additions to the discoveries since Mid Oct. 2008 how do I not shake my head in bewilderment.

Our current cash value is 56 cents per share. Compare this to Oct. 2008.

Current nickel spot price is 2x higher than it was Oct. 2008

Look at the discoveries added since Oct. 2008.

Consider the above and realize we are currently being given a lower value than Mid Oct. 2008.