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: Will this happen?

We have lots of optimistic posts here understandably. I like to think through what can happen on all my investments, good and bad. What happens if Wyloo release a statement next week saying that they have been unable to reach a formal agreement with noront on how to progress the .70 bid, they again blame the noront BOD and force an extraordinary general meeting with the aim of installing their own men in control by offering retail shareholders the sun moon and stars to vote them in.                                If this happens they will then have Noront in their pocket and be free to buy up enough shares to take this private and give us nothing.                                                                I find it unusual that Wyloo have In every statement released criticised the Noront Board of Directors stating that they have done nothing for small shareholders. In reality why would this be of any concern to a multi billion dollar company, unless it is an attempt to condition is preparation for this scenario. Hopefully I am proven wrong next week and we move forward in an honourable manner.

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