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.)
in response to A&A's message

While anything is possible having Windfall worth $3 a share to Noront by the end of this year seems highly unlikely given the number of Noront shares outstanding.

They'd have to prove up reserves worth close to $390 million dollars and at the moment proven and probable reserves are ZERO. Not saying they don't have gold and it won't be a nice earner for Noront BUT as of right now they have no 43-101 and no plans to prepare one and until they do the market can't value that gold.

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18518
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10/11/2007
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Noront Resources
Symbol
NOT
Exchange
TSX-V
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326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
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