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 fahrenheit451's message

"For the 3,600 members of the Lax Kw’alaams community, the total package works out to a value of roughly $320,000 per person."
And they reject it?
And why is LNG willing to pay it for transpass by a pipe? They must be desperate.

Can any native in Canada say that he is entitled to more than 300 thousand dollars for the land that he 'owns' or is entitled to? And that is with the assumption that he owned the land in the first place.

So it is not about preserving the land, a culture or to replace loss of income or health.
It is an attempted grab, plain and simple. And they claim we are unfair.

Next time I see a heavy bag fall out of a Brink's truck, I will keep it. But with my luck it will be just full of pennies that are out of circulation.

Please login to post a reply
Edgy
City
southern Ontario (often in Europe)
Rank
President
Activity Points
37538
Rating
Your Rating
Date Joined
07/20/2006
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