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.)
Discounts
almost 16 years ago
17

I think Rosseau and company not only have discounted Windfall but the chromite as well. They seem to be saying nickel is where the value is and Noront should have ignored the blackbirds and focused their resources on finding the nickel/copper/pge conduits. We all have been researching and validating Noronts recognition that a world class chromite deposit has significant importance but Rosseau wants expertise on the board with greater nickel technical (as if we don't already have it). Obviously, their thinking is break down the pieces, prioritize cash spending to suck out the best immediate return for a short term short sighted gain. Big mistake.

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CMP
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NL
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President
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9407
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03/25/2008
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Noront Resources
Symbol
NOT
Exchange
TSX-V
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Metals & Minerals
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