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: Noriffs?

almost 11 years ago

almost 11 years ago

almost 11 years ago

It doesn't take a genuis to see something is afoot in the ROF. As i've stated I believe Noronts trading is telling the story, something is up, big time. I am torn between a multitude of possibilities. Buyout, merger, financing, etc.

I have also noticed some weak trading from KWG, which is a bit of a surprise to me. Does this mean E/W? Sure seems like it.

What about cliffs? What about a cliffs/noront merger? Cliffs always felt the E/W corridor wouldn't be feasible simply because the added distance to transport the sheer amount of chrome. But what if they can capitalize from noronts nickel? This merger would cripple KWG and make Noriffs a force to be reckoned with.

Some have also talked about a KWG/Noront merger. This would also be great IMO, but doesn't seem to have any merit.....yet at least. Food for thought, welcome to any and all opinions!

djje