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: Emailed Wes......

"There were no warrants of fees applicable to the deal so all the money raised goes into Noront’s coffers. This was a great deal. "

I'll agree that there are some optimistic views to this deal and I look forward to their fruition... and I'm expecting it....but at the moment "our" deal is dilution on top of a much lower sp and no news or info. of any present material significance. I look forward to the arrival of good news and an sp responsive to it. As I mentioned before, this move could be tactical, and I sense that present tactics are to make NOT difficult to take out cheaply.

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