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.)

Just watched the blerbs on CLiffs and Spyder on CNN, an it took me back to our hostile take-over bid for Freewest

both happened on a long weekend

both gave little time for disscusion between parties

both were low-ball bids,considering in the ground values

both were hostile bids.

The one difference was that this last one was a tri-party concern,thankfully 2 of the parties are trying to amalgamate together to fight the "ROF bully", by joining they will have 60% of the chromite deposit.

Hindsight is 20/20...just maybe this is what we should have done to fight the future bully...but back then we were, in reality the "bully"

STMF

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Dennis Sherman
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