You posted, "I see now why our SP takes so long to move as the information can not be acted on with a seat of the pants attitude anymore and may take investors some time to make decisions."

I agree with you on one point. that there is a LOT of information to disect in this new presentation. A LOT!!!

BUT, and there is a BUT (if you watched So You Think You Can Dance :-} ), how long do you think it takes anyone with any common sense, not making ANY insinuations here that there are people here without any... sorry, how long does it take for anyone with common sense to look at the indicated and inferred numbers alone, look at the prices of the commodities involved and come up with a 7 Billion and growing (after Cousin Earl and I make our run, possibly next week :-} ) valuation of EAGLE'S NEST alone???

Eagle's nest has been valued by Mr. Hansen at approx. $7 billion dollars... We have approx. 175ish million shares outstanding, sorry Edgy, but we will NOT be bought out for 5% insitu, especially considering that Cliffs is involved, not to mention that the Government of Canada AND Ontario will HAVE to get involved at some point to worry about infrastructure and help out the local populations.....

Can you see my point why I, along with SO many other posters here, are Very Frustrated with a share price of $1.50ish!!!!!!!!!

Undervalued??? This is a Freakin' joke!!! Now, I will give Edgy his dues, but companies were being bought out before all this WORLD ECONOMIC MELTDOWN/WORLD IS GOING TO END SOON crap for approx. 20 - 30% insitu value... I believe that you have infrastructure in place for those kind of prices, SO, take off 1 - 1 1/2 billion dollars to build roads, build a concentrator, build in power lines, build a town etc. etc. etc. BUT WAIT!!! Now, I am to understand that you do not have to build EVERYTHING!!! Apparently, I have learned that the Government of Whatever is responsible to build roads, rail etc. over CROWN LAND!!! Whoo-Hoo. Take off about 1/2 of that 1 - 1 1/2 billion dollar bill and let the Government look after it :-}. Now, let's assume that Cliffs really IS going to mine the chromite and didn't just buy it so they can look at it in their portfolio over the next couple of hundred years :-}... GREAT. Now we can let Cliffs EAT a nice chunk of the rest of the approx. 750 million to build towns, power supply etc.

Do you see where I am getting at??? This is very quickly becoming the perfect scenario where we really SHOULD be looking at getting between, I said BETWEEN 10 - 30% insitu value for our buyout, should it happen!!!

$1.50 share price??? Give me a break... I have been selling what I can and buying more Noront this past week, given that we now are "OFFICIALLY" valued at approx. $7 billion... and that's just for Eagle's Nest, mind you... there IS value in the AT 12 anomoly... .8% nickel is NOTHING to sneeze at, especially at intervals of what, 40 meters??? I forget, forgive me. .8% nickel WILL be mined, even if it is just removed first to get at that 2 - 3 meter thick layer of 4%+ nickel with open pitable design... it just won't be sold off or concentrated until all the 4%+ nickel is ALL mined up, that's right, I said MINED!!! Most on this forum tend to look at all the issues staring them in the face and forget that this IS going to be mined... Next year??? NOT, but look out 4-5 years from now... IF Cliffs is mining the chromite within 5 years, you can bet your shirt that Noront (or whoever buys Noront out, and it WON"T be for 2 or 3 dollars...) will be blasting ore out of the ground at that time as well... don't kid yourself.it's going to happen...

$1.50????? give me a break. I have held this stock (my core position) for 3ish years, and these institutions think that they can get me to part with these shares NOT???? Ha, Ha, Ha. Great joke. IF more people would educate themselves with what Noront has, there wouldn't be ANY selling at $1.50... NONE. $7 billion dollars for Eagle's Nest alone and people are selling their shares???? That's the best joke yet :-}.

Keep selling those shares, you sheep who don't know what you have. I will be happy to buy them from you. Thank you because you may just have helped me to retire 6 - 7 years earlier than when my company says I can go!!! BEAUTIFUL.

$1.50/SHARE, go figure.

Thanks, Larry, for that FABULOUS synopsis of why I should be keeping my shares of Noront??? Much appreciated, because you really didn't have to do that. But, you did and for that, I am grateful!!!

God Bless all Noront Shareholders, EXCEPT THOSE WHO WOULD KEEP HOLDING THIS SHARE PRICE DOWN FOR WHATEVER THEIR INTENT IS...

Herb