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.)
in response to notster's message

Madoure has the right to force NOT to exercise its right to repurchase the 75% from Eagle Hill, effectively giving Madoure 100% and NOT upto 16 million in the treasury.

notster..........If the deal goes, Noront would get 10 Mill. from Maudore Minerals for

25% of EAG.The $6 Mill would go from Maudore to Not and Not would pass it on to Eagle Hill.

So to make it clear $ 6 mill is not Noronts.

GLTY and all

Fossil

Please login to post a reply
Fossil
City
Rank
Vice President
Activity Points
6426
Rating
Your Rating
Date Joined
01/27/2012
Social Links
Private Message
Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
Create a Post