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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Alcoa Results on RoF

Noront Resources

almost 15 years ago

With AA blowing the doors off, expect a push on the miners tomorrow. That will include CLF as well as NOT and FWR in my view. We are about to see more $ coming off the sidelines. NOT is perfectly positioned for a resurgence of the juniors, so I expect the timing of their FWR bid will prove to be immaculate. Mining is once again going to become an exciting place to be, and FWR will have to respond as NOT's price pushes higher. If there is a major player other than CLF involved, I think we will find out shortly. The bid will look better and better, a wake up call to interested majors. Again, nickel will remain a tough sell but NOT's huge land base and established chromite drilling should prove too attractive to resist.