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.)

over 15 years ago

Should be, could be AND isn't

Noront Resources

over 15 years ago

With exploration news, a lot of exploration news, pending on Noront it would be usual to see buying in anticipation of a run up. Noront never stopped working except for very breif break so the results of millions of dollars of exploration are indeed pending.

Of course all we retail investors are getting 'antsy' as Noront's game plan is just so different that that followed by other exploration companies. Noront has, at least for now, all the money they need to prove up economical (or uneconomical) deposits in the ROF. There is not any really reason for them to support the share price or help move it higher because their big investors are holding and willing to wait for results.

Noront Management must know we are unhappy but until and unless the institutional guys start pulling their chain they are likely to change their ways.