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: more "incentive" options

In my opinion this is a good sign if you are looking for a takeout bid to come soon. These BoDs are living according to human nature. Pay yourself first look out for numero uno. I would say that this is a prelude to a takeover and the BoD want to insure they get their piece and second helping. You cannot increase your pay after a takeover bid begins. I see this as the company making sure they get paid for their ... ahem" hard work" . My prediction just a little while longer and Noront will be no more. Next the winter drill results then a offer for Noront. Just as the Just as the fight between Inco and Falconbridge,for Voisy's bay, each bought in and to the victor belongs the spoil. ...coswil

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