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.)

over 14 years ago

Re: What is in store 4 tomorrow ? (Orders before closing)

Noront Resources

over 14 years ago

in response to Edgy's message

Uhhh, it's Friday here in the US. Probably it's Friday in Canada, too? :-)

I am holding (and buying, subject to the baloney and ketchup diet), but it sure would be nice if this blockade ended. Time's a-wasting for the winter drilling. My guess is that the issue over who provides logistics is just one of many for Noront, otherwise they'd pay to break the contract with Matrix and have at it (subject to cost... maybe it's a multi-year contract?). I shudder to think that getting drilling going again might require official government action. If it does, I hope that the Canadian government has a better "sense of urgency" than the US gov't seems to have.

In the mean time, it sure does seem like a low price for what Noront has, trying to take the long view.

Not investment advice; do your own DD.