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 joe's message

"Nobody in their right mind is going to give this away for a song not even a weasel like Irwin. Remember he's the major shareholder in Rosseau and he's going to do everything he can to maximise his return."

I agree to a point. He will maximize his profit but within a certain time frame. The increase in profit will result due to the work the NOT originals put into play with their potential white knights they developed relationships with that will likely up the bid for the company due to the competition and Rosseau will look forward to that.... not that they earned it. In the end though it won't be even close to what we would have earned... c'est la vie.

Please login to post a reply
Sum4All
City
Rank
Vice President
Activity Points
35922
Rating
Your Rating
Date Joined
09/04/2007
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