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 Announces Economic Mineral Reserve At Eagle's Nest

The problem Strato is that most of the info here was already known. The big boys could of derived an NPV and yet, they choose not to buy more even in this very very depressed share price. Mining is not scheduled to start till 2015 assuming everything goes well and no new discoveries in the very near term means those that are interested can sit back and buy small amounts over months without raising the share price. That is part of the problem here, along with the worldwide malaise of course. Once some big entity decides that the value here is a must acquire and they move in, then you will see others jump in and accumulate at a faster pace. I am expecting a run up tomorrow, but I expect it to be short lived and back to 50's within a few weeks. Hope I am wrong of course!

Glorieux

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