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: Just A Thought.. NOT buyout of PRB...

I personally hope Noront does not get involved in any takeovers at the momemt, especially if the rumour is true that they are trying to move back to an exploration type company. Those deep drills are not cheap and I imagine NOT is burning through the cash at a decent pace. I understand we are fully funded for the fiscal year but I also thought that was the case before the latest PP. If my shares have to be diluted I would rather they be diluted to raise money to drill on the land holdings that we already own and not for the sake of a takeover. No need to purchase another company as there is so much untouched potential with our current land holdings.

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