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: NORONT AND BAOSTEEL RESOURCES SIGN BINDING TERM SHEET

"Why would any company now want to even make a takeover bid for Noront with this agreement in place, unless a takeover automatically cancels any agreements made by NOT. Any answers?"

What makes you think that NOT want's to be taken over? If you've been reading they're talking about becoming a mine.....a Canadian mine....who just so happens to have what appears to be a buyer for their goods and they want first dibs on it.

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