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 BullyBoy's message

Bully,

you said :-

"A cursory history of the BAJA deal, although there was share dilution required for the mining equipment required… the financing through their “consortium” was done through “equity”, my read anyways."

That's the way I read it too. Also worth noting, that mining equipment now becomes part of shareholder equity which, to some degree, offsets dilution.

Please login to post a reply
NowWhat
City
Rank
Treasurer
Activity Points
1251
Rating
Your Rating
Date Joined
09/18/2007
Social Links
Private Message
Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
Create a Post