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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And now, the rest of the story

Noront Resources

almost 15 years ago

A table full of fund managers were all sipping their beer on a Friday evening in late September. The subject being openly discussed was the sad state of their bottom lines for the first 9 months of 2009. Several of them, being large holders in the ROF, were discussing the potential there, and two of them commented on their big stake in FWR and NOT. The discussion rolled around to the stake that Cliff's had taken in FWR, and their ongoing plans for the area, and why they only had such a small stake in FWR and none in NOT.

The conversation returned to their bottom lines and what they could do to get them to an accepteble level. One of said he had been hoping to get a $1.00 share for his FWR stake and that would solve all his problems. They all agreed that this would do it for all of them, but unlikely to happen. Warren was over in the corner, not saying much, but suddenly sat forward and said.."You know, most of the BOD over at NOT still owe me a favor for getting them their jobs last year."

And you know the rest of the story.