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: Chromite may not be what is wanted

Noront Resources

almost 15 years ago

in response to Dennis Sherman's message

The merger is not going through as is, one or the other has to budge.

"Mac has a 4 million dollar poison pill that Noront will have to swallow.."

That is not so if I understand the offer correctly. The total payouts must be reduced to 1.5 million $, or the offer is void. In other words the offer is conditional.