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: Matawa creates own Ring of Fire coordinator BIG NEWS

On the face of it, this sounds like a positive move.

BUT, doesn't it tend to undercut and supersede the work Noront has done to date with Webequie and Marten Falls?

It seemed earlier on that the Matawa grouping was trying to front for all their individual members and now it appears they may have succeeded in "owning" the process from the First Nations perspective.

Not saying this is positive or negative -- just wondering if the NOT people involved have kept their footing amidst the jockeying.

Just IMHO

O.F.

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