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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Basic Facts Again

Noront Resources

almost 15 years ago

Simply, CLF has lots of money. They love FWR etc. They will continue to buy. Others are being forced to throw their hat in the ring now. NOT had to take a pre-emptive move to make the acquisition game more expensive. They have succeeded. Values will increase. Drilling will proceed but is now going to gradually become a secondary force in the market price movement.