It’s Time to Invest in Canada

Martin Hutchinson

Martin O. Hutchinson is a Contributing Editor to both the Money Map Report and Money Morning. An investment banker with more than 25 years’ experience, Hutchinson has worked on both Wall Street and Fleet Street and is a leading expert on the international financial markets

==========================================================

below is the email I sent to customerservice@moneymorningcom

Dear Customerservice,

Please direct this email to Martin Hutchinson. He recently published the following article:

It's Time to Invest in Canada

By Martin Hutchinson, Contributing Editor, Money Morning

This isn't the first time that I've written about Canada, a well-run country that has avoided many of the mistakes made by the United States. Its budget deficit is moderate, its balance-of-payments deficit is also small, its banking system is in pretty good shape and it faces very little inflation risk, since the country has maintained a reasonable monetary policy.

At this point, you might well be asking: Well, if you've said this all before, why does it bear repeating now?

The answer is simple: As I've hunted for attractive investments recently, I have noticed that a very high percentage of those companies are domiciled north of the border.

In short, it's time to invest in Canada.

==================================================

Dear Customerservice@moneymorning.com

I am writing to Martin about Hutchinson about Noront Resources . Traded on the TSX Venture exchange, Ticker symbol: NOT.

Noront Resources is the most undervalued resource stock to be found on this exchange. The management comes from Barrick, Kinross, Western Goldfields etc.

The company is well cashed up and has a market cap of approx. 270 million. Their one deposit only" the Eagles nest is currently valued at 7 billion dollars" they have additional deposits with value. The Eagles nest deposit is open to stike and depth. Two 2km drills are getting ready to drill to depth. The deposit consists of: high-grade nickel-copper-platinum-palladium-rhodium,chromite, vanadium, and gold discoveries in the "Ring of Fire" NI 43-101 Update: OVER 11M tonnes of Nickel ! 6.9M tonnes @ 2.04% Ni (ind.) + 4.3M tonnes @ 1.42% Ni (inf.) .

Noront Resources is the pristine land holder in the Ring of Fire, James Bay Lowlands. A small neighbour(Freewest Resources) was recently snatched up by Cliff's Natural Resources. I don't know how many of these types of emails you get but I can assure you of one thing, if you go on the Noront website: www.norontresources.com and look at this deposit you will not be able to make sense of the current share price. I forgot to mention the institutional ownership is currently 59%!. I would appreciate you looking into this stock and offering a comment. If you read the article below Noront has made the resource calculations easy!

Sincerely,

Ingrid Babjak (Noront shareholder)

Martin, this appeared in the National post today:

Resources calculations made easy.

An app that lets investors evaluate mining data

Peter Koven, Financial Post Published: Monday, March 08, 2010

Wes Hanson

Noront Resources Ltd.

Noront unveils a free, downloadable application for the Apple iPhone that allows users to calculate what a drill hole or resource estimate is actually worth.

Canada has so many junior mining companies that separating oneself from the pack is not easy. But Noront Resources Ltd. has found one way to do it: Create a device that investors can use to compare each one.

At the PDAC conference, Toronto-based Noront is unveiling the Noront Universal Mining Application, or NUMA. It is a free, downloadable application for the Apple iPhone that allows users to calculate what a drill hole or resource estimate is actually worth.

It could be a useful tool on the conference floor for anyone trying to distinguish the good stories from the not-so-good ones.

"To be quite frank, it's meant to get Noront's name out there, to do something that hasn't been done in the industry before," chief executive Wes Hanson says.

"It's a quick and easy way to do an initial valuation of the information you see at PDAC, to compare project against project and drill hole against drill hole."

To develop NUMA, Noront teamed up with an application developer called Apex Imaging.

Noront provided the concept, explained how to research metal prices at Web sites such as Kitco and the London Metals Exchange, and offered up all the mathematical calculations.

The result looks a little bit like the iPhone alarm clock, and it works almost that easily. The user simply plugs the metals and the grades from a drill hole into the application, and it will calculate what the hole is worth per tonne in the ground.

It is a very simple starting point to evaluate a project, but Noront hopes to eventually do more with it.

"In the old days, there was a rule-of-thumb handbook that geologists and engineers treated as gospel when they were evaluating mineral projects.

"My vision is to eventually boil that handbook down into an Apple app and exploit it using iPhones and modern technology," Mr. Hanson says.

Noront made a name for itself in 2007 with the discovery of the so-called "Ring of Fire" in northern Ontario, an area that is proving to be full of high-grade base metal and chromite deposits.

The application is intended to show that the company is also a technological leader as it tries to avoid being lumped in with its junior mining peers.

Along with the NUMA, Noront is launching the "Ring of Fire Viewer" at PDAC, a web-based tool that allows investors to view the company's progress at its Eagle's Nest discovery in the Ring of Fire through 3D models and other multimedia.

The company is also introducing a third technology, but says investors will just have to visit its booth to see what it is all about.

It is loosely described as "CSI meets mining geology."

"I'm about as technologically savvy as they come, but this one blew even me away," Mr. Hanson says.

pkoven@nationalpost.com