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.)

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Re: All things considered/repairman

Noront Resources

over 16 years ago

in response to RepairMan's message

One of the important issues that could factor into the difference between FWR and MGR is the number of shares outstanding.

MGR has recently performed a reverse split to decrease the number of shares out in the hope that the sp would rise and they would be enabled to do a pp at a higher price or for more money. Consequently the Shares out against MGR is negligible.

FWR has many shares out as well as warrants.

Others could add to this but I think thats one of the big reasons.. Hope this helps....Don