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.)
in response to Thistime's message

This downgrade by Dundee is questionable ...

Simply because they had to revise their capital cost estimates by 500M upwards?! WTF?

In the end NOT will do whatever is most economical - and if that is more inline with what Dundee was estimating instead of the conservative approach (environmentaly, and technologicaly) that NOT just presented, then good for us.

Please login to post a reply
goFWR
City
Rank
Treasurer
Activity Points
523
Rating
Your Rating
Date Joined
12/21/2009
Social Links
Private Message
Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
Create a Post