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.)
Outrageous
almost 16 years ago
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Re: Outrageous
almost 16 years ago
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Re: Outrageous
almost 16 years ago
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Re: Outrageous
almost 16 years ago
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almost 16 years ago
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Re: Outrageous
almost 16 years ago
6

but isn't the complicated bit about the 80 cents options kind of a performance based set of criteria, that not only is dependent on the dismal TSX turning around, but that Noront has to EXCEED the gains of the exchange by 120% for the options to be granted?

I read it quickly, and don't want a repeat performance of my other blunders, but want to see what other more adept folks have to say.

I know no retailer will be thrilled with this, but if they have to WORK to get the SP up to get their cheap shares as a reward, it could be a win-win situation, or the best of a bad situation at any rate.

Hoping to hear some feedback...

JMO

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quackaphobe
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Noront Resources
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TSX-V
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