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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Who's Been Buying From Who?

Noront Resources

over 15 years ago

Have to check out the list of institutional holdings but anecdotally I believe most of the selling in Q4 came from institutions that had no choice but to liquidate any assets that had a market. They had no choice due to redemptions and liquidity issues.

As such, we may have had a major shift in ownership towards retail in the past 6 months since the AGM.

Regards,
George