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 geoprof's message

I would appreciate comments re the financing options for Noront to bring it into production and what will be the possible SP outcomes

geoprof.......yor concern as to how the money is being spent and where,

since there is no drilling done at present time is well placed.

Re the financing options: we have not one but two large shareholders

capable of handling the financing of mine alone or as partners.What is

not totally clear for this investor is how they look at each other, as competitors

or partners.I think we will have an answer to that question sometime in 2013

or shortly after.Finding out the answer this year would suit me just fine.

As to possible share price outcome, i feel that we will see higher SP, maybe

substantially higher.

GLTA,

Fossil

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Fossil
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Noront Resources
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