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.)
2
in response to targa's message

We have all kind of excuses..the stock market??...what happened when the market went up and our shares still fell....give me a break!!!

When I was a person in mid -managent if this happened I would be "pulled up on the red carpet and have to explain what happened" I would not be gathering favour from the "tree huggers" in the so called big smoke(big joke) explaining why I am off on a tangent talking about training for the indiginous people when in fact WE might have nothing to train for???

I would not be contemplating going to "smooze" with my COO ..I would be on the blower explaining to the shareholders (you and I ..us ) why this happened...why there are no new reports., what they are doing with the almost $ (12) million dollars they got from Baosteel that was supposed to be used for:

A feasibilty study on Eagle's Nest,

A Blackbird Chromite feasiblity study, exploration drilling and to expand the resource

Furthe exploration of Noront's other properties in the ROF...

Well I ..we (yes I have a mouse in my pocket) sure know what they didn't do... but part of that $12 million was for corporate expenses... me and my mouse think we know what they did with that!!!

TOTB

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Dennis Sherman
City
Ottawa
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Treasurer
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07/17/2009
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Noront Resources
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TSX-V
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