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.)

You must also reason that if they use the port at James Bay, they will be shipping raw ore out of the country and there will be no prcessing or smelting of chromite or nickle in Canada.

Much to the delight of BAOSTEEL

Therefore, again losing a precious value on a rare comodity... and as usual become "hewers of wood and carriers of water"

Sometimes what we wish for in the short term is not as good as what could happen in the long run!!

DRS

P.S. I mentioned the opening of the Northwest passage over a month ago and was poo-pooed for it

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Dennis Sherman
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