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: Whats the deal

ANA. in the current world economic climate, PMs are Ace, King, Queen & Jack == we are sitting, in Noront, with number cards. Promoted and known primarily as a base metal prospect. We have PMs, but they have not been emphasized to date. Maybe they could pull us out of the current slump yet.

There is a core group of extremely persistent Noront longs, many of which have posted on this forum. I think this dates back to earlier startling runups which these folk anticipate is a pattern for the future. But it looks to me this group is fully loaded now with NOT and incapable of moving the SP yardsticks significantly. So we are dependant upon attracting new blood and insto activity.

I am not sure good base metal results will do much to save us short term. It will take something exceptional. Much more enticing for long term investors. Strictly IMHO.

OF

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