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.)
Re: NUMBERS
almost 16 years ago
15
in response to hoov's message

I honestly don't think there is any questio here. NOT has hit big with chrome (as well as nickel, but lets only consdier the chrome).

FWR has also hit big with chrome. They have both indicatedthat ther eare converstations going on with majors.

For a major to take a position here they will want to have something concrete in place with the different players involved.

There absolutely has to be discussions going on between NOTand FWR at the moment. Just consider, for example, that NOT has announced putting Windfall on ice for the short term. They would have had to have some serious talks with FWR/MGR before that happened.

Regarding Mcfaulds , though, there will have to be some agreement in place between the different players, NOT, FWR, FNC, and as Donny says probably PRB. Once this is in place a major will step in and finance the whole thing, somehow.

But I digress. The point is, there are negotiations going on between NOT and FWR. No doubt about it. John Harvey, by virtue of his positions with both companies could be in a conflict of interest position. The simple answer...... Resign from one of them.

Regards

K

Please login to post a reply
khareema
City
Chase B.C.
Rank
President
Activity Points
21476
Rating
Your Rating
Date Joined
10/24/2006
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