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: Fundamental info revision:

Noront Resources

almost 12 years ago

in response to crazytrade's message

That is an interesting thought crazytrade. If there is only going to be 1 Chromite mine and Noront is first out of the gate and Cliffs continues to have issues...than NOT's value increases substantially. However, I think the chance of that are slim to be honest. I cannot see Cliff's giving up on the chromite. In a perfect world, Cliff may want to mothball the chromite for a few years till markets get better fundamentally and if they sit back, NOT may push harder. Will be fun to see how this happens but would love to see Cliff's walk away with their tails between their legs because of the way they behaved with Freewest.