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.)
Canadian Dollar
almost 16 years ago
8

This is not OT either as it has a very real effect on share price internationally as well as bottom line as metals all are priced in US Dollars.

Today the C$ dropped another 5% and we're now at 25% discount to US$. Compare this to a few months ago when we were at PAR.

Foreign investors are getting the chance to buy Noront very very cheap and Majors buying in for a piece get same boost.

We all may hate this when we travel outside Canada but it makes us ever so much more competitive.

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City
Rank
President
Activity Points
18518
Rating
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Date Joined
10/11/2007
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Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
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