Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

was called by rosseau and asked for someone more learned to call me back...rosseau portfolio mngr Dan Fong 416-777-0032 returned my call...I played dumb and asked lots of questions...I was successfull at keeping him yapping until I made the mistake of telling him I'd read something on agoracom, at that point he said he had to go,lol...among his claims/answers...

- they are not working with a major

- current management is factional and has been for months with lots of infighting

-they did ARU a favor, SP would be much lower with political risk in Equator without their help

-burn rate is too high, management is wasting $, the new board will be able to drill much cheaper, NOT has highest drill cost/m than anyone, if this continues SP will be .50

-rosseau will refocus, reorganize, forget JV's, cut burn rate, etc, etc, etc...

bottom line, this clown was reading from a script(claims he was a portfolio manager) ...he thought I knew nothing , and along the way he quoted wrong dates, wrong timelines, wrong tonnages for previous events etc...TOTAL BULLSHITE...I'm happy I wasted 45 min of his time, but not happy that they will say anything to sway votes, kinda like a politician...give him a call and tie him up for a while, quite entertaining...it's a no brainer, VOTE FOR NEMIS AND CURRENT BOARD!!!

Shakey

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shakey
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