Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: Why wouldn't NOT consider taking all of the avail shares being financed

Excellent question.

My guess is, they were not offered the opportunity or would prefer a straightforward jv with Noront committing to drilling up the property.

Shareholders don't have the same rights/contol that a jv partner gets in writing. If it was me I'd rather agree to spend 4 million over a period of time in exchange for percentage of what's turned up.

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