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: Engineering Firms Partner With Noront

I for one think that this agreement is a stroke of genius! We have been able to secure a 99 year lease deal without putting out any money! We gave Algoma some shares to insure that they “ buy in” and give them 1/3 of 1% of sales, whenever that may be. 

Would we have been happier to have RCF lend us more money and pay them back with even more shares ar ridiculous prices?

I believe more than ever that more developments will happen more quickly and our time to reap the long awaited rewards is indeed growing nearer !

JMHO

Rico

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