Noront Resources

December2015, quote Alan: Mothball the entire operation. FSDI by end of 2016 is nice and solely arranged for by KWG. We know NOT has the best assets and we need to take a creative action with impact before Q2 2017. It is too depending on others, a road could have been financed against very moderate interest rates long ago. It is too easy to say it is politics or FN keeping things up. Indeed, it has been a long wait already, but that is Not the issue. The issue is that NOT needs to stick to one course, stop the internal politics, but one direction. That has Not been the case, changing all the time and being under the radar, has Not brought the impact needed. The calculations have been done and I bet FSDI/Chinese are on, there has Not been discovered any other Chromite in the past decade than the ROF. If we alltogether wait longer we may actually see alternatives for the Chinese popping up. Now or Never ? FN, NOT and politics should be well aware they are playing with fire and larger opportunity losses than Ontario has ever seen.