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.)

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Trying to find

Noront Resources

almost 16 years ago

Tryijg to find SOME justification for this financing and options.

But I should not have to, they should explain it clearly to shareholders.

Two dimly lit candles at the end of this dark tunnel:

1. They want the financing in order to merge with / buy / consolidate other area properties and/or fend off a major.

2. The economic outlook for 2009 is worse then 2008 and if you're going to raise money, do it now.

2. They won't make any money on the options until they are well above the option price (.80). [Still, this amounts to 300,000 shares per director and for what? The first order of business is to pay themselves, handsomely!?]

Come on board, throw us a bone here!