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: Needing something new!

Noront Resources

about 14 years ago

in response to yixter's message

I don't think this stock will move untill whoever wants it to. If Cliffs are willing to pay over 100 million cash for SPQ's chrome (26% of BIg Daddy) I would think NOT's chrome (100% of Blackbirds and 50% of Black Creek) is equal to this in value, if we have 30 million in cash one would be left with EAGLES NEST and our LAND POSITION being valued at far less than 100 million, if that is the case why even invest.

I can see a company spending 10's of millions on a high risk project (infastructure ?'s) however Cliffs are spending 100's of millions' I have to ask myself why would they risk this amount.

NOT will see it's day when whoever want's it to.