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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Discount Rate?

about 14 years ago

about 14 years ago

about 14 years ago

about 14 years ago

about 14 years ago

about 14 years ago

about 14 years ago

in response to goFWR's message

Now, as the resource that we have isn't "proven" (it is a lesser quality) discounting for some risk is probably appropriate. However, I think the discount rate should trend to the risk-free rate as the resource estimate quality is improved.

I have no mining valuation experience, but I read something along these lines in a financial text book that was outlining valuation of a goldmine.