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: PDAC - spoke to GEO and WES
14
Mar 10, 2010 02:46PM

Let me try to make the leap to your question.

Many supported NOT/FWR deal. IF they tendered to NOT, their is some regrets as Cliffs is near $60.00 now. Also many sold FWR or CLF and got into GNH and saw it double. Many long holders on Noront saw the GNH gain, and- and are gritting it out while we wait for Wes to make Noront gain.

Meanwhile Eagle Hill, whose Board of Directors include the recently appointed Nemis and Harvey, former pres and geo of Noront, just had a double in gains today. Still many Noront longers grit their teeth, waiting for their own double.

One wants to diversify, but not at the expense of their pricipal hope. I think that's the underlying emotional charge why EAG is on Not board.

-sg

5
Mar 10, 2010 03:17PM
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