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 kennnr's message

"its hard to put a price on something you havnt bought yet...the developement corp. is to decide what there going to buy...."
Ken, I do not agree, per example:

Was it hard for Wynne to come up with the 2.25 billion price tag for infrastructures.
Was it also hard for Noront to estimate the cost and their share for the E/W road.
It is also not hard for both governments to say that they will fund and in what proportions each will share.

The development corporation will mainly decide the details of what, where and when. The majority is already known or well understood. If in some future there will be a few million $s lacking or inflation steps in, these are to be expected and the financiers (ie. governments) should plan for such.

I do not see any excuse for both governments to not say that they will fund development and more or less what their time lines are.

Too late for excuses, imo. Ed.

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Edgy
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southern Ontario (often in Europe)
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Noront Resources
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