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 Dennis Sherman's message

I guess more shareholder input is needed on the details of incentive plans put forward for approval at the AGM and that input flows in through the BoD to the executive mgmt. It apparantly wasn't a concern in 2009 but sure should have been in 2010. I remember how adament retail as a whole was against the recommended plan last AGM and then when it got voted down mgmt barely paused before putting forward the motion to retain the prior plan which passed. I remember how surprised I was about the agility demonstrated and how I had no idea what the prior plan included.

Is sp even included in the objectives or is it couched in ambiguity like 'shareholder value'? Such plans need concrete things to measure against. How about if it said $1.50 by end of 2nd Quarter 2011 as an example, and $xxx by end of 4th Q, 2011.

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