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: The market knows best!!

Some of us have rose colored glasses on far too often, while others are never impressed with anything of a positive nature.

Fact is ,our SP is hitting new 52 week lows, which is not a good thing in a commodity bull market. If these prices are truly a bargain, then the institutions should be loading up big time as they certainly know more than us.

The unhappy here have lost much money on this stock which should be understood. They are voicing legitimate concerns.

Anyone on this board who is not concerned with our SP and recent NR's have to give themselves a good shake.

I am becoming less optimistic but more hopefull .In a bull market, many companies are exploring and finding deposits all over the world. The best and cheapest will get bought out and developed first.

We must hope that Noront can continue to command interest before the next commodity bear market starts raising its head. Rico

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