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.)

Home Videos Research Press Release Q&A Discussion

Threads Posts

Re: News.

Noront Resources

over 11 years ago

in response to MarlboroDog's message

Agreed Marlboro, but you'd be hard pressed to find any financing that isn't self serving in this market or any market to be honest. No one gets something for free, ya know? Our SP would have to be at least double its current value for them to be converted, but more likely close to $1. Sign of things to come??? There is no perfect way to raise funds but I can say this is about the best that I or anyone could have realistically hoped for. The fact that it was done in todays market and for a healthy amount of $ shows the confidence they have in Noront.

A very welcome surprise.

djje