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: So Gravelle says....

I know whats going on.

We are in the negotiation phase of a multible mine and infrastructure project. This is where everybody concerned doesn't know what the final project is, so nothing can be disclosed. Meanwhile, there are lots of undecjded and nervous traders and investors who don't know what's going on as they have no time to wait and risk it. Some of the people more experienced are buying what the impatient think they can buy anytime. Maybe the can, but I don't like scrambling so like a squirl, I am gathering slowly at better and lower prices. I believe I will make money, others will go elsewhere and maybe make more. Noront is just started its first winter drilling in a long time and another hit will explode the SP. I think tht is possible and accept the risk.

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