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: I Vote Yes

Noront Resources

almost 15 years ago

in response to sambone's message

To say that FWR chrome at $4 per share isn't a foregone conclusion is correct.....it may be more.

Look how the market is valuing NOT's Ni today.

I don't mean to make an example of anyone, but this is an excellent example to consider. Look at the contrast in the assumptions of the two statements. The first one ignores how the market is valuing FWR's chromite. The second one emphasizes how the market is valuing Noront's Eagle's Nest. A valid comparison must be based on the same set of assumptions. There are other contrasts in assumptions, but I focussed only on the obvious one.

Lar