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: Noront Resources Announces Private Placement of Flow-Through Shares

I don't understand why this board has, in the past few months, suddenly become populated with several "investors" who post constantly, who often make no sense, and who seem to come across as being quite uneducated with respect to the markets (and with relatively little knowledge about Ring companies - knowledge which could be gained from reading the press releases of the past few years).

For example, Spot:

- Flow through shares are valued at only approximately two-thirds to three-quarters their face value due to certain tax advantages that accrue to the purchaser. Therefore, shares with a 50 cent face really only cost the acquirer approximately 35-37 cents per share in the long run. So in other words, someone is able to effective pick up shares at a lower price than the current market price. That will not drive the current SP upwards. If anything, it would help to erode support from the current price.

- Frank's appearance on BNN was no better or worse than the appearance by Al Coutts. They aren't there to make a fashion statement.

- Finally, regarding your thought about dividends ... omg. It generally helps that a company is making money for a while before they start considering dividends for shareholders. So I wouldn't hold your breath on that issue for ... oh, at least six or seven years.

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