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: Why no SP movement ??

I think that I know why, Noront have enough cash to get through Sept ! So then what?? There will be another private placement coming very shortly, and no one wants to pay more than the small price that will be offered !

At this point, I would think that an offering price of .32 is about all that we can get !

So..... why pay more now??

 

Rico

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