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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Perhaps Missed Point on Infill Drilling

Noront Resources

over 14 years ago

I believe if this company were in the TSX main listing it would quickly trade over $2.00 , enjoying a broader base due to marginability. Larger long term investors may find current situation quite difficult, seriously limiting purchases. Deprives NOT of broader financing opportunities. Ignoring this gets costly with lower price issuances. Dilution needs to be addressed now given long term nature of the development. Brokers have all the math, no rocket science involved. SP is more than just valuation especially for this early stage development.

If you put the pieces together, the lining up of the stars (drill good, NR, infill, resource study, econ study, and main listing) can equal short term rocket stock. But we are getting out of step in not having main listing and the drag will cost us. SP will underperform valuation until this is aligned.