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: June 3 2010 press release

There are two quotes from this press release i would like to point out, that has not been discussed.

Jeremy Niemi, Noront’s Vice President Geology notes;

“We are very pleased with these early results

from the infill program. Once again we see that the Eagle’s Nest has the potential to provide pleasant

surprises, even within the known mineralization limits. These intersections of massive mineralization

and high grade metal demonstrate that we are on-track and continue to add value at Eagle’s Nest.”

So these results were surprising?Funny how the market doesn't think so.Then i read the highlights again...and...christ, they are fantastic,they were not expecting these kind of results?

then there is

These 5 holes gave more value to NOT, why does that not reflect in the SP if Noront’s Vice President of Geology said it should?

It would have to be legit for someone that is on board in a company to state that he is suprised, as in better than expected?then state we are worth more now.

sp goes down though,something is fishy still!, really, really fishy.

IAMS

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