Mantis has a drill up there and seeing as they are in a JV with PRB on thr Tamarack properties owned by PRB it is likely that their suggested plan a few months ago is still in effect, and thus PRB has or very soon will have that drill moved to their 100% Mc Fauld's West property to do the drilling there before it is then moved to their 100% owned Victory properties.
Now for the Noront JV's:
WSR and HUI were the first to do JV's with Noront. However, before doing this they were sure to have JV's in place with BMK. We MUCT remember that there two companies have very close connections and good past association with Noront as does the Management in BMK. This was all arranged as a very effective strategy to thwart any premature moves on any of the companies.
However, things got a little messy when the so called 'big four' stepped in and got that amazing sweetheart PP deal with BMK. Anyone ever wonder what the heck that was all about??? Then, once the Sweetheart deal was done BMK started to sound advocerial. Who got them to toot that kind of horn back in October??? Also the Magoo GUY basically started to trash Noront using BMK supplied data, information, and mineralization/geology theory, which only last month BMK has finally now clearly acknowledged as being incorrectly assumed on their part, while our SP came under ever increasing Manipulation pressure by WHO??? Who was going to be the BIG LEADERS in this previously deliberately overlooked Mining Camp PLAY???
Well, now that we have the UGLY PP of our own and the SP sprung back to life, what is the Noront ("the ever clear and ever well ahead leader in terms of a effective, functioning, and efficient plan, with superior strategy to boot") plan going forward?
Looks to me that we are seeing just a small part of the NORONT Resources MASTER PLAN unfolding here today.
Noront Resources' strategy is either a complete MYSTERY or Painfully OBVIOUS!
Stay tuned, there is so much more in the News Pipeline that it is pretty much Opaque in there at the moment.
Old Joe
PS" JDF, the cash problem you are referring to is more like your problem and thus we feel it. WSR has already raised a good bit of their needed cash for the next year. After that they should have difficulty beating back the masses throwing PP cash at them if they hit what both this investor and their Management are expecting to hit. Look to your Geology to understand WHY!
