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.)

almost 15 years ago

NOT wins 40% or more and now control FWR and their deposits. Noront knows that Chromite on FWR land will not be mined by anyone else now. They know it is 5-7 years before chromite production starts anywhere in the ring of fire. They feel a little vindictive and decide to mine their chromite first. They have enough for 10 years. They let the other 60% of FWR shareholders hold the bag for a very long time...

Glorieux

PS this maybe a scare tactic on my part...but it could also turn out to be reality so there is a huge decision to be made here and doing nothing is a decision that some may regret.