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: An interesting story on our major shareholder....2014 story

I have followed several of RCF's investments from entry point to exit.

I did not find a Loser for RCF.

In the case of Moly they made 22x their investment. Their buddies...Goldman Sacs made 11x their investment because Goldman got out earlier.

In Baffinland they made 3x their investment to the anger and horror of some shareholders that got in at higher prices and never averaged down. Those shareholders later should have been grateful because RCF got out at the peak price of Iron ore ....right before it went to its knees ...a good example of being killed by the iron ore drop ....is Cliffs.

I have followed RCF like a blood hound and I couldn't be MORE pleased that they are a majority investor in Noront.

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