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: Noront appoints Veenman as director, arranges financing

Sweetners are added as an incentive to go through with the financing.

Imo, true price is indicated without the sweeteners.

I also would prefer debt instead, in low interest times as is now. Question is, how long will it still take before we build the mine and produce. If it is another 8 or 10 years then debt may be out of the question.

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