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: email from JJ
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Mar 30, 2010 03:17PM
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Mar 30, 2010 05:58PM

A bit of clarification as I see it:
Me "In my opinion JJ answered his question with old information."
Antlizzie "So by my reasoning, they are not drilling yet."

And both of the above comments are probably correct As We Speak.

There Are 5 drills working. They are the original smaller 5.
The DEEP drills: One being presently assembled is not in play yet and the other may not even be completely delivered. Sooo in her defence, technically JJ may have answered correctly.
However I do not think that answer was appropriate by her or anyone else in management.

They should have said whether the additional deep drills will be in Addition To or will replace some of the existing smaller ones. If replacing then where are the smaller ones going.

This is not a complaint by me and I presume just about everyone else here. I am happy with where we are heading but I would like to know in more specific and timely detail as to what I am happy about.

It does no harm to say in a news release, e-mailing or on Noront's web page as to what the company's plans are for the immediate future. Also it does not take much time or effort to do so.

Finally, well informed investors are not only happy investors but are very supportive of management and of share price. They are like money in a bank.

Ed G.

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Mar 30, 2010 07:55PM
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