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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in response to storm5151's message

Hi Storm.. If you sit down with a calculator, the numbers are mind boggling... There is enough chromite for 30 years....30X1.4 billion/year =42 Billion..With a" B"...Infrastructure is 800 million...less than 2%....CLF is Paying $1.00/TON and selling it for (2000x.85)$1700/ton...Just amazing...Nice mark up..and this is supposed to be good for me as a FWR shareholder??Somehow I see this as a much,much better deal for CLF..Besides if I wanted shares of CLF I would have bought some..Just a few ramblings and too much free time on my hands...Good evening everyone....R R

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retiredrookie
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