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.)

Alright, so who will NOT end up with. Dony said this evening, maybe FWR. That woudl be cool, but at the moment, they are with the Cliffs camp. So to get to FWR, NOT has to go through Cliffs, or become part of the Cliffs camp, so to speak.

FNC is sitting and waiting it to play out. This leaves BMK, the least likely IMO. And therefore, possibly the most likely. A lot of the 'insti' investors are with both companies. Both companies have had the highest trading volumes in the ROF, over the past while. And BMK does have a very large land position in the ROF.

But still, BMK ? I think FWR is a better fit for NOT. But maybe NOT doesn't want to pay the price for them and instead, go it alone. After all, NOT is King of the Ring.

Clearly I'm confused. Don't know which scenario to place my bets on. There's good arguments for a few of the companies in the ROF, to be gobbled/partnered with NOT.

Now, if you need some good hearty laughs, read my post again (hah!)...errr, I mean, watch the movie "And Now For Something Completely Different" (Monty Python's Flying Circus).

strato

Please login to post a reply
Stratopod
City
Mississauga
Rank
President
Activity Points
16889
Rating
Your Rating
Date Joined
09/16/2007
Social Links
Private Message
Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
Create a Post