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: News - at any time- djje

Noront Resources

over 11 years ago

in response to djje's message

Agreed.

If other funds become available say from the Maudore/Windfall offer then the loan can be repaid, or from a PP at a higher amount than stated in the Loan Agreement.

There are many posibilities of where else Noront can receive funds.

If indeed this money is used to drill then I am confident that more resources can be found and then the stock price rises and the options are easy.

I do agree about the disappointment of there not being any insider buying. It is possible due to ongoing talks or some information that is cooking that it would not be possible according to regulations?

I am not well versed on the restrictions to insider buying but I believe the time will come when we do see insiders buying.

JDR