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: New Mantra-Soon?

Noront Resources

almost 8 years ago

in response to Ringer's message

The sooner, the better.... Another ppolitical promise. Ffake it or take it. Sheer fact is that Alan has Not delivered on his holistic plan by fall. As a CEO he should know that shareholders do Not take this. He should pack his backs and move on. Cliffs, with its run up in its SP, would never have sold the Chrome as it was Not for its earlier downturn. They would have suspended asset sales and divestments. Point is that consolidation has taken 10 years and needs to continue, KWG needs to be with Noront to improve private sector stance and negotiation position. We need to stay creative, and for this purpose I would Not mind further dilution. So Smeenk is to take up the hat and lead both companies. Al cannot continue like this, he has polarised the situation for shareholders as a holistic plan has Not been put forward.