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.)
7

Reading the notes to the latest Consolidated Financial Statements I found that only

Options exercised between April 30/2011 and present were .62 cent ones and the

weighted average price at the time of exercise was .79 cents. So the 1.45 million

Options exercisable at .62 cents until the end of June are l out of money still.

It will be interesting to see were Noront's price will be if and when they get exercised.

GLTA,

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