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.)

Home Videos Research Press Release Q&A Discussion

Threads Posts

Re: Closed @ .43 good eh?

Noront Resources

over 9 years ago

in response to Sudbury Novice's message

There is no Great news, as to good, is subject to interpretation. And the market seems to give it a positive impetus.

I say we have two good events that portend things could happen and was not before.

1. Mushkegowuk Tribal Council in January announced a possible alternate railway path to the James Bay area, conecting to rail at Moosonee and on to Timmins. Timmins is supportive of course.
I think this is the better one of the two because it gives competition to Mattawa, who imho seem to be stalling for more.

2. Ontario government and Federal seem to have gotten onto the same page for a change where Ontario will file for financial suppost along federal terms. With this we have a better possibility of movement and there were a few nuances thrown about that the DevCo should finally see some proper directors on board. At least some Chambers of Commerce were finally pushing for.

These two events combined in my opinion constitute good news to which the sp responds.

EA is well over due for approval or is it just it's [release?

Anyone think there is anything else to add?