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.)
19

NOT gave their first bid knowing Mac's response. Perfect! Mac will bitch and scream but he opened the door for talks about severing the Chromite for cash and leaving the rest of the assets for FWR and the share holders alone. Perfect! Fair enough. This is where the negotiations start.

NOT really doesn't want the rest......(guessing)

Relax everyone. NOT (I hope) will get the land they want and FWR will keep their other assets plus NOT shares.

I hope this is really a "know" brainer and we get as always seats on the sideline to watch a great consolidation of this area.

I think the next few months will be spectacular.

Kind regards,

Corndog

Please login to post a reply
Corndog
City
Rank
Vice President
Activity Points
922
Rating
Your Rating
Date Joined
09/12/2008
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