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.)
in response to IAMSUDBURY's message

Good post IAMSUDBURY! This is what this board needs, some thinking outside the box! PAINITE: just researched it, unfortunately only 18 specimens of Painite found to date... in the history of mankind.

Oh well, np, this is Noront we're talking about; "11M tonnes of Nickel ! 6.9M tonnes @ 2.04% Ni (ind.) + 4.3M tonnes @ 1.42% Ni" and that's just the agoracom headline!

What's next:

A - Expand the known resources?

B - Identify new targets?

C - Value is 'suddenly' recognized by market (no more manipulation / or politically correct way to say it "low volume" days)?

D - Buyout offer?

E - Expand land ownership within the ROF with a takeover of our own?

F - Languish.

I hope for C, followed by D, and a little A B and E before we settle on a fair price (D)- forget about F. Actually, forgot about G - Painite baby!

glta

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