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 a proposed $10.0 million private placement

Agreed.

Can you say 'needed the money'?

A bird in the hand they say, and I give credit to Wes for at least getting ANY money.

Major dilution, and I can't imagine Baosteel is overly pleased with their investment in Noront thus far.

Poor Crazydik, I might try and wake him up at $1 just in case....

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