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: Example value of NOT after production

Noront Resources

almost 12 years ago

in response to Dutchmen's message

Here is a website that shows how typically charts for geology/mining companies behave.

When looking at that chart, we are somewhere near the very bottom after the first run up. Now when thinking of this chart and adding the Native and infrastructure challenges and an extra kick to the groin secondary to tax loss selling, you can understand where we are. I think we need to focus on where we are going instead. Looking on that chart, we may continue to meander downwards a little more BUT most of the movement going forward will be up.

http://www.safehaven.com/article/8689/how-to-find-value-in-gold-stocks