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 rapidrob's message

"Brokers have all the math, no rocket science involved."

Yes they do and for them, us being listed on TSX matters little. They look at things from a $'s perspective. If you are worthy of financing, where you are listed has little difference.

Many institutional investors have self imposed rules as to what type of companies to invest in, so on investing we do lose many high profile sources due to listing.

Where TSX listing matters most is with us retailers and to a smaller degree to international investors. Yes, TSX provides more opportunity to be seen and noticed.

Imo, the main drag on sp is lack of basic infrastructure such as transportation and power. Add to that the publicity of the native blockade and it appears to be largely swamp land in the north ( serves us not to deny) so these are additional costs that we have to deal with. These are the ones that put most of the breaks on sp appreciation.
Patient persistence usually wins at the end. Ed.