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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WHY NOW

Noront Resources

almost 16 years ago

Because the money has been there well before the proxy fight. The SP has been manipulated down to and held at this price for the financing. Why would the board object to cheap shares..

Although the money may not be needed now, I suspect their plan is, we will be sold before this money runs out.