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 Polylabel's message

Hey Poly, why do they refer to 2.2year pay back period if this financing is thru equity as you say...Doesn't this 2.2 year pay back mean that we will have repaid the loan in this time period?

G.

Please login to post a reply
glorieux
City
Welland
Rank
President
Activity Points
44835
Rating
Your Rating
Date Joined
10/23/2007
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