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: No drill results and consequences.
If Noront did not discover any more resource through drilling, or stopped drilling all together, due to what it has already demonstrated to have, it will have a mine sooner or later depending on when the basic infrastructure is available and based on that certain possibility the sp should be from a few to several times of what it is now. So to say that the sp should be this low without, or much delayed, winter drill results ( Not to insult anyone ), is plain hog wash. While being disappointed that we do not have the results, I think that talk of selling or similar just based on the low sp and lack of results is pure emotionalism, devoid of objectivity.
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