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: Here's a thought

for those of us who have been long on NOT for years, and, may be discouraged by the recent reports in the Star. Firstly there was absolutely nothing in that report that we did not know. This whole project has been mishandled by all parties for years.

Did anyone really think that after the euphoria of the major discoveries the parties involved would just approach the investors and governments and they would pony up the billions needed to build the infrastructure and mines. The one thing that the star reporter stated that is right on the button, was that the whole ROF stalemate can turn on a dime all it takes is one level of Government to come to the table with a solid financial proposal.

Now as for Noront, I have never been a supporter of the present BOD or senior management. They have been lining their pockets for years at the expense of the retail investors. However not even these characters could have foreseen the collapse of the junior mining sector, nor is it in their best interests to keep the share price down. The fact is until that financial proposal I referred to actually becomes a reality the share price of every miner in the ROF will be depressed no matter what holdings they may have.

As for those members who have taken to using the forum to engage in acrimonious comments about other members. This forum is not the place to engage in name calling, if you disagree with a comment you have the right to do so, put your thoughts forward and be prepared to discuss the facts.

Lets hope that 2014 will bring us all good health and prosperity

GLTA

Joe

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