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: other players.

Noront Resources

over 15 years ago

in response to Babjak1's message

Over the last thirty days everything in the ROF is down:

FNC May 10 $0.22 down to $0.15 -32%

FWR May 10 $0.32 down to $0.275 -15%

NOT May 10 $0.85 down to $0.65 -24%

spq May 10 $0.035 down to $0.030 - 14%

KWG May 10 $0.035 down to $0.025 -28.5%

UC May 10 $0.095 down to $0.07 -26.5%

It is surprising that KWG/SPQ have not performed with Cliffs involvement. It is surprising that FWR has not done anything on the heels of Cliffs expanding their interest to that company. It does tell me that although there is value in the chrome, the market is not ready to commit that the insitu hypothetical value translates into potential profitable sales at this point in time. All these companies were worth much more than this before chrome became a topic of discussion. Chrome remains a nonentity from a value perspective. We need more Ni/Cu/PGEs to get any recognition.