Noront Resources Ltd. V.NOT

RE: Great News!

[don118]

The optioned land for all intents and purposes belongs to Noront now. So even if there is a big hit on the other side of the line it is still Not's play. Mug and Fwr have made their deal with Not for shares and cash. The only interest (exploratory) that Mug and Fwr have is if Not does hit something significant on the Mug Fwr side it will cause them either to explore more or add the land to the deal they already have with Not. The decision has already been made that this is Not's hit. Of course the better Not does, the better for Mug and Fwr. The shares they were paid by Not for the lower end will of course be worth a lot more and I also believe they get a percentage of the take. Someone will correct me if I'm wrong about this last issue but I believe I'm right on this. There is one more thing. Right now the best thing that could happen to Not is to be granted permits for the ramp. The permits for the ramp are, for all intents and purposes a mine. If we get the permit for the ramp any other driling is moot. The permit and the ramp tell all. The ramp says we are going down to get the gold. Then after that the contractor to construct and then pull out the gold samples. just a few million dollars worth to start:) I call this sleepless in Thunder BayLOL..........Don