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: ONTC optimism

Noront Resources

over 11 years ago

in response to BarbuBeatnik's message

The one thing that just struck me moments ago for the first time is that if the Ports Authority is such a good plan for the region (and I believe it is), then what's to keep a private entity from coming to the same realization? If the ONTC is up for divestment, what's to keep a major entity with an eye towards multi-decade growth from taking an interest in competition with the proposed Ports Authority. I hate being the Devil's advocate, but I'm slightly concerned now that maybe a major corporation could step in and lock up everything, and have a transportation monopoly. This COULD be good for KWG and Noront. Or it could be less than good.

Someone should reassure me here that I'm worrying needlessly?