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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IAS: "Hello Fantomas,

here is a quote from your second last post

"I won´t report you, but I refrain from posting here as long as I see you posting here "."

It seems, I have changed my mind.

And here are 10 reasons NOT to buy Noront now (just to get my "pumper status" out of your way):

1. too many shares outstanding

2. further dilution to come (in the next 6-8 months)

2. no infrastructure

3. too many operational problems

4. some BoD members with questionable reputation

5. slow information flow

6. very "selective" information to shareholders

7. First Nations issues

8. PP / options "policy" questionable

9. lack of interest / low volume

10. I´m on the buying side

Hope, I didn´t rain too much on your "positive parade" ! lol

FANTOMAS

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