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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Vermeer you wrote the following:

"also notice that there have been several such indications and reports in the news recently but the share price of Noront has not caught up in any way, it has rather gone down steeply in recent days and fallen back on the 1-year-low of October '15 which also equals the gap from January '15 (!). Technically, the chart is in a critical situation. So does the market think nothing is coming?"

Vermeer, history with Noront has told us that you cannot rely on the share price as a "good news indicator."

As an example look at the price history of Noront prior to the explosive news given to us March 23, 2015. This was the announcement that Noront is to acquire Cliffs chromite properties. The link for the NR is below.

http://norontresources.com/noront-resources-to-acquire-cliffs-chromite-properties-in-the-ring-of-fire/

Here is a link to the price history days before this news:

https://ca.finance.yahoo.com/q/hp?s=NOT.V&a=02&b=1&c=2015&d=02&e=23&f=2015&g=d

The share price was pulled down prior to news.

My opinion based on the Noront price history performance is ...we don't know what is happening until it presents itself.

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