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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Re: The problem at Mcfaulds!

Noront Resources

over 14 years ago

in response to yixter's message

"there's just not going to be enough cash to prove up the area without diluting diluting diluting so Lance was right there is no direction because they are still learning and will be for many years and dollars!"

How does one equate "no direction" with learning? It is without learning that there can be no gainful direction. Learning is what creates directedness. You simply cite that which is necessary.... that which has brought most mines into existance. There is nothing wrong with dilution when it brings about value to support a healthy float. If you don't believe they will find value then you should leave.... why are you here? A single drill can create plenty of change in an sp. One doesn't have to realize the total value of a property to acquire wealth. Most mines are also an example of that.