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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A 22% haircut

Noront Resources

over 8 years ago

I respect the members of this forum but today the messages run the gambit from "increase the volume of shares"" to "need the more capital to increase drilling" to " they couldn't change the prospectus on such short order"

The bottom line is that we all took a 22% haircut

I personally have not been this pissed off since Wes Hanson mentioned that the RoF was so remote that it was in a "moose pasture"

If management is this inept, then somebody's head should roll for this decision to move forward at this time with this fiasco. Literally bring to a screaching halt any impitus that was in the making.

DRS