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 MISFIT1's message
Once again, try to recall that when High Cost Production is shut down the result is REDUCED SUPPLY! Also notice that current SUPPLY is still considered to be tight to very tight in most Commodities. One other likely positive consequence of the Current MESS will be improved Cost of Operation (in the near term at least) due to the fallout from the MESS. Also note that some Metals will remain in very strong and increasing DEMAND in the NEW GREEN Industrial Sectors and New Energy Sources Sector. And also due to the Auto/Transportation SHIFT to Hybrid and Electric Vehicle (lead and many PGE's) and all the new High Strength/Durability materials (requiring both Ni & Cr) etc. these Shifts are already well under way, in spite of the past eight years in the USA, in many Economies around the world. NOT everyone thinks like Cave People (men and women) nor do they want to learn how to. The result will be as usual. Those with the best Cost to Price ratio will do more than survive. They will, with proper Management, become the NEW LEADERS in their Sector and the Global Economy. So, cheer up, 'One and ALL'. NOT got it ALL! AND they sure look intent on developing it all as well. Old Joe
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Old Joe
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Noront Resources
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