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: Sorry guys, but I agree with Floorman

Noront Resources

about 16 years ago

in response to cappysmart's message

Obviously NOT has discovered chrome worth well over the $15 billion prediction that had been whispered to investors at an earlier date. You can slice this however you want, but putting a value on the chrome they have discovered so far, could easily be worth in the $40 to $50 billion range. At a current share price of $2.63, I think NOT is one of the most undervalued stocks listed on the Canadian indices.

Is there anyone who thinks that McFaulds Lake, will not be turned into one of the major mining camps in Canada?