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.)

almost 16 years ago

in response to hawnkoa's message

What a pile of crap.

Michael Grey of Genuity says that:

"I've written numerous times this company (Noront) needs more nickel exploration experience -- it's a bit of a different animal to explore for and these guys don't have it," says Gray...

He also says:

While there have been recent improvements to the junior's management team, Noront's lack of nickel experience at the board and management level is affecting its stock value...

He then goes on to say:

Two proposed directors, Irwin and Woollcombe, have indicated they would step down if suitable replacements were found, which Gray interprets as individuals with experience in nickel exploration and development.

Again, what a pile of crap. What this guy is saying is that our current management/consulting team is inferior to the 2 "maybe" new additions to the proposed new board.

Um, I think my intelligence has been insulted.

Good Grief,

Milsy1