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.)

over 16 years ago

in response to seawind's message

Seawind - the thing is that the chart I referenced in my post was for pure chromium (Cr) and it showed the average prices payed for the month of May 2008 in U.S. dollars per metric tonne. So, compared to all the other charts I've seen, this one is the most accurate in terms of a U.S. dollar price per metric tonne for pure chromium and is the most current. For that reason, I chose to link that chart to my post and use those numbers. I really do believe my math is correct and correctly applied to the average numbers provided in NOT's latest press release, IMHO. Nevertheless, if someone can prove those numbers wrong, I'm open to correction.