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.)
Re: sambone
almost 15 years ago
8
in response to sambone's message

Sambone - How is our potential being limited? Or FWR's for that matter.
Quite to the contrary. Joining forces strengthens both individual parts.

It also makes no differene when and at what prices the two companies are at.
It is a ratio of exchange 4:1 and whether it is 1$:4$ or 2$:8$ matters not.

The ratio represents the relative value of one to the other and has nothing to do with time. Hence whether they drill or not is also irrelevant to the exchange issue unless one's drill results alter the value of one with respect to the other, hence potentially changing the ratio.

The only point of debate between the company's is whether the ratio is satisfactory to both.

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Edgy
City
southern Ontario (often in Europe)
Rank
President
Activity Points
37538
Rating
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Date Joined
07/20/2006
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Noront Resources
Symbol
NOT
Exchange
TSX-V
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326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
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