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.)
Where do you think we are in the cycle? Looks like #4 to me, with the added weight of the gerneral stock market crash which has taken us down a bit further then normal. In a neutral market we would be @ $3.00 - $4.00 today with a bright future, if a patient one, ahead of us.
Of course if we hit another rich area of nickel and/or chromite and/or gold, which we all anticipate, then we should climb back to 3 again. I expect that in the ROF we will vacillate back and forth between 3 and 5 for years to come.
I think windfall and the ROF are in similar stages. Discovery has been made, now we are confirming the discovery and looking for more.
BK
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bravekind
City
Williamsburg
Rank
President
Activity Points
14019
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Date Joined
09/04/2007
Noront Resources
Symbol
NOT
Exchange
TSX-V
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326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
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