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: Noront's price problems

Good morning Ladies and Gentlemen:

What isn't being taken into account are two factors.

A) Potential lack of customers for our materiel. The world hasn' t hit the major crisis / reset coming up any day now, perhaps in the next week or so. The result of which is that building etc, using our products will fall dramatically. It may be years before it picks up again The needs can easily be met with existing production.

B) The hedgers, and panicy investors need a quicker turn over for temporary security, so look for a faster return. They aren't interested in 5 or 10 years down the line. They are interested in profit and survival now!! Hmm as a matter of fact -----!

I fully realize that we are being toyed with, but that isn' t the general market. With the above factors, they have more control than they would normally have with what should be normal competition.

One thing that can be almost guarenteed, this is that they have excellent lawyers advising them regarding violating the OSC rules. They will play it right to the razors edge.

I applaud the efforts to get the OSC into action based upon actions so far, but.

"El secluded mule pusher, who is just learning about the Market and is probably wrong as usual, easily confirmed by his everlovin wife".

Don Jose de La Mancha

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