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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Re: A few thoughts -Xstrata (ferrochrome)

Noront Resources

over 15 years ago

in response to RockLicker's message

Thanks for this RL. Clearly Xstrata has considerable experience with ferrochrome.

They have announced permanent nickel mine closures and layoffs in Sudbury. Also have announced a pp on London exchange. Just speculation but perhaps they are retrenching and building up cash for an offer in ROF?

You state that there are some large companies taking a close look at ROF. Do you have some direct knowledge of this or is this just the same speculation we have seen on Agoracom?