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: Venture a guess as to share take over price for Noront to buy out KWG?

50 cents for KWG, some rough math that would be close to 400 million, 14 or 15 times what Not paid for cliffs chrome. With todays market even 10 cents might be way out of line, and where would Not come up with that kind of money, I sure don't want to see the dilution this would cause.

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