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: Re: value of Noront
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ANL
May 26, 2014 12:47PM

2.40 cents a share fully dilluted based on the NPV of both Eagles Nest and Blackbird and small amount of value for potential exploration (market doesnt give much value for potential, see BMK).

This could go up or down based on metal prices. Since Eagles Nest is high grade nickel, an increase in nickel price dramitically increases the NPV of Eagles Nest.

Nick

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