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.)

almost 16 years ago

in response to rodg45's message

Bit harsh comment given that good if not dramatic news has not been able to change the dismal direction of our Noront share price in the Market.

Exploration progress of a solid nature can't hurt but the warning to not expect a whole lot of gains given the terrible state of the market for junior exploration companies might be considered reasonable.

Recovery in base metal prices are necessary to support Noront's share price as well as the return to this market by investors with some risk tolerance. Right now everone with cash is hiding it away in Treasury bills or anything they can were risk is low to non existant. Oh for a bit of Greed to come in and replace remaining Fear.