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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Hi Strato,

As per the financial statement available on Sedar..as of Oct. 31, 2013 ....under cash and cash equivalents...Noront shows $15,740,155.00

This was end of Oct...we`d definitely burned some more money since Oct.

Noront cannot pay 15 million for the bridge loan currently and leave themselves with nothing in the bank.

Either, some news comes out before Feb. 25 ..or this loan rolls over thereby giving RCF access to another roughly 15% of the Noront for 15 million bucks.

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