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.)
A Look Forward
almost 16 years ago
41
6
in response to Old Joe's message

Indeed, that would be a classic error, to sell off WF at too low a price due to these distorted markets (although gold price has not been hurt as much as most of the other basic materials, and that is what is reinforcing Old Joe's message).

It has been pointed out before, the ramp is in place and this adds a great deal to existing underpinned drill- bulk-results & geology.

Most important today, is not to be overwhelmed by the SP drop, but stay cool-headed (retail esp.) where it comes down to counting our blessings (read: assets). Quality and Quantity will always come to the surface, whether it is months or more, no-one will be able to look away as someone will walk away with the assets within in a timeframe set by the new BoD and potential byers (not only Barrick is in the market for WF). Gold price outlook looks fine, no matter how you turn it, inflation or deflation (short term), gold will most likely drive higher and so will WF assets.

Old Joe, I'm happy your keen on WF assets and its value, this is just what we need, a cool-headed expert making a substantiated projection.





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Funkey
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Noront Resources
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