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: Rumour on Selling of Windfall

Noront Resources

almost 16 years ago

in response to glorieux's message

Good evening folks,

I pasted this post of SH. Who know? This could be why there is silence on Windfall. If this is true we could see a 75 cent jump in the SP. A 100 million could buy NOT a few more years of serious exploration. How about some discussions on this juicy rumour!

"Hello everyone;

Im here to tell everyone that Noront I have heard is in the process of selling Windfall for around 100 million dollars to focus on strictly the R.O.F. HAs anyone heard this also, I guess this has been going on for the last two weeks and it seems that the other party almost left the table because of the current market crisis. Neil Was opposed to it because of the fact that he believes windfall with current prices and exploration developments is worth more than that.

I would love to have confirmation of this as we are looking at buying into noront again but it would be nice to know if there is fire where this smoke is coming from, considering the volatility of this market.

Regards
Andrea.

Again this is what I have heard and thus please take this as only my word