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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I have questions

almost 16 years ago

almost 16 years ago

almost 16 years ago

almost 16 years ago

almost 16 years ago

almost 16 years ago

in response to quackaphobe's message

Quackaphobe,

Great questions all I can think of is according to the new BOD,

this expression may hold true, " It is better to have one bird in hand than 2 in the Ring of Fire",

I don't understand the reasoning either, maybe they just think its too much of a gamble to prove up more resources. But with that much cash in the kitty it still doesn't add up. If and when ROF get properly valued , more 43-101 etc, tonnage et al it could be a lot more value to Noront.

An explanantion by BOD as to the reasoning would be important at this time.

Chopin