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.)

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Re: The usual language and concerns...

Noront Resources

over 8 years ago

in response to Laphroigh's message

"If it just was an average of the SP, they could have changed it up to a minute before publishing as nobody knew about it anyway or they could have waited a couple of days or weeks."

Contrary to what people believe, decisions of this nature are not done in a few hours. It takes a bit of time, positions are committed to and then executed while the market goes ahead and does what it does. You can't really run a business and make decisions as quickly as some might think.