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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Half year gone: summary of ROF cos

Noront Resources

about 15 years ago

Not: still the flagship.. still wait and see how the new BOD perform

FWR: done its best .. with Cliff... but SP down

FNC: disaster..does not know what Peter are doing ..a less than 200,000PP classified oversubscribe

PRB : hope is the " word" ..surprise to see that sp better than FWR

SPQ: almost a disaster..almost 4 months still cannot finish the PP

KWG: Cliff there, hope Cliff to take over

UC: insider buying but more words than action

NRN: shoot up at the last moment..???

WSR: almost forget it is there ..not much action

BMK TME retreat completely from ROF

This coming half year ,total capital spending may be around ( 10m+5m+ 2m+ 3+ 3+the rest 5 m= 28 m ) for ROF..

I predict not much action till October/ November when the drill result coming from the summer drills

The pioneers like RN , NN and J Harvey all shine away..most of us are still here ..anybody still remember the cover page of RN and John in June/July last year edition

I hope someone has money to average down their investment , but not me..anyway

Have a Nice Canada day..enjoy the sun and firecrackers..

Bernard