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: Amended & Restated Short Form Shelf Prospectus.............
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Lou from SH has been stating this all the time, with the Rubicon example highlighting the big issue for Noront. IMO, it is a HUGE risk ONLY owning Noront shares in the ROF for the simple fact these loans could end up biting them if called as they will have no way to pay them.

They had better make a deal with the FN's and other ROF companies with respect to the other routes remembering that the terms of the loans were that Chromite would be the focus...

Folks, you had better be diversified in ROF companies. PRB and KWG come to mind.

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