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: Am I missing something

Am I missing something that transpired over the past couple of days?

There was someone who posted on this forum that in reality we only lost 6%?? (we are are now at +/- 26%)

I guess I was wrong ! ...counting inflation, cost of living and the value of the Canadian dollar,maybe he was right!!!....GET REAL!!... TELL IT TO MY BANKER AND CREDITORS.

I have been with Noront since its first hit gold and have seen the comings and goings of at least 3 presidents:

Richard Nemis...a consumate seller and leader and one who kept his shareholders always in the information loop.

Wes Hanson...a person who couldn't put 2 words together without using a Webster dictionary and spouted that famous phrase "moose pasture" Wes couldn't decide if we were after chromite or nickel and flipped flopped in mid-stream.

Allan Coutts... a quite person whom we never hear from and reminds me of a poker player keeping his cards close to his chest and hoping that 2 pair beats 3 of a kind or a staight and doesn't tip his hand until the game is almost over.

I may be biased but I pick door number 1 "Bob" because right now "the price is not right"

KYSOTI

DRS

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