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

in response to Trace's message

Hi Trace,

Just to be clear, RN & JH are nominated to the BoD and will be voted on tomorrow at their AGM. Obviously they'll get in, but just thought I'd mention that.

And if I recall, sometime during the proxy fight, when our SP was $1.50 area, I think, Windfall was priced in at a dime of the SP. I wonder how much it would be priced after today. Anyways, NOT still has the option to hold 25% of WF, should they choose to do so. Or just take the 2% net smelter. If it's me, I take the 25%, but I'd take it last week if I could. Unfortuantely, I think that NOT has to wait until June to take the option. I think. Someone here can verify this I hope.

strato