Noront Resources

Right you are,Yixter. 437m of 5% nickel would justify a $30.00 SP even without any widths to go along with it. We do though, have 150m of 2.5% nickel plus extras, which is better than what we had with Eagle1a, and it is still open at depth (we don't have to include the rumor that they have extended this hole below 1100m and are still in mineralization). WE also have a huge intercept above that has almost 200m of 1.2% nickel, that would surely be mined along with E1c. We can expect a regular run of news from this point on as they do infill drilling to provide other dimensions, but initial indications are that they could also exceed the Eagle1a figures.

The amazing thing about a news release that we all should recall from previous experience. That is the SP is going to take a hit tomorrow morning at the open. It could dump as low as 2.10-2.15 before reversing and heading back up. I for one will be standing at attention with a game plan to exploit the situation.

Regards

K