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.)

Home Videos Research Press Release Q&A Discussion

Threads Posts

Lots of info here

Noront Resources

over 15 years ago

I have spent a good portion of my time last evening and again this morning, reading and rereading all the good posts on this forum. Although a lot of it is individuals raging against the powers, there is a lot of points that come to the surface amongst it all.

The first point I picked out was the 43% retail number. Where does this figure come from. Who determines it. Is it not a figure that the company comes up with to use in public statements (usually as an attraction to potential investors)? Also what constitutes retail and what does not? If I have an investment here in my own name it would be retail, but if I have that same investment in my company's name is it retail or commercial or what? Suppose they have a purpose being able to state that a majority of shares are other than retail? Which would tell us that any attempt such as the proxy vote would be doomed to failure.

Regards