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.)
in response to longstockings's message

If you tried to buy 25 million shares on the open market it would drive the price way, way above a dollar. Simply impossible to buy that many shares without moving the share price.

IN ADDITION these are flow thru shares so carry seriously advantageous tax benefits.

Please login to post a reply
Polylabel
City
Rank
President
Activity Points
18518
Rating
Your Rating
Date Joined
10/11/2007
Social Links
Private Message
Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
Create a Post