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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Noront Resources

over 11 years ago

These guys know that NOT won't be in a position to pay them cash. I'm pretty sure that the fact that they made one of the articles of the contract such that it enables them to take shares for payment....10% a pop.....means that's exactly what they want....shares. They still have to dilute to make those shares don't they? So what's this no dilution? This is a very serious dilution if my assertions are correct. I invite corrections please.

This looks like a very slick takeout maneuvre. Love the title...."Non-dilutive"

This won't get my vote.

Hmmmm! I wonder where our CEO went? Or rather....I wonder why.

Who is really flying this boat?