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: Rough Start

This is not due to something specific to Noront. It's a brutal day all around for resource stocks especially the Juniors.

Like someone stated the other day, the TSXV has found another cliff to throw itself off of.

The selling is probably from individuals that have to cover margin calls by the end of the day.

Maybe a final shakeout of all of the non-believers.

JDR

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