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.)
sinking SP
over 16 years ago
1

As I have read to catch up on most of these posts a thought came to me. I'm sure some one has likely touched on this in the past but here goes. It has been stated often that we need a company split to realize the true values of both James Bay and Windfall. But now Im thinking that Windfalls gold could be put to better use, a least for NOT over all. With all the targets in the J.B. area we know in order to get a true value on the resource it could take years. If NOT were to do more financing even with a much higher PP(say with a major) our shares would still be diluted. Now if NOT just pulled out about 4,000 ounces of gold out of Windfall every month that would generate at $800/oz , $3.2 million a month. That would pay to mine Windfall and also pay for the operations at J.B.. Then we could just watch this baby grow, and grow, and grow.



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sag4tag
City
Nanaimo
Rank
President
Activity Points
9813
Rating
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Date Joined
09/17/2007
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Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
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