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.)

about 15 years ago

in response to Sum4All's message

As one of the inmates I offer a corresponding opinion.
Yes we should be happy right now. Not that we are going to get $10 for our shares tomorrow but that we have a foot in the door of a company that has great prospects.

Thirty dollars per share at this point is a pipe dream because it is based on a resource that may not exist but is only guessed upon.
Twenty dollars is a realistic possibility but remote, time will tell.
BUT ten dollars could be had on the up coming news and if not, then very likely on the following one because we expect follow up drill results to be not far from what we have had an indication and suggestion of already.
Yes I am banking on seeing $10 before this year is done.

As for a buy-out offer it is too early and more so to consider any because the likelyhood of selling a dollar for a dime is possible.
We need many more drill results before we even contemplate a buy out.
E.G.