Agoracom: Small Cap Investment - Noront Resources - RE: Majors don't do much explorations

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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msw

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RE: Majors don't do much explorations - grasshopper

in response to

Majors don't do much explorations - grasshopper

grasshopper

posted on Nov 01, 2007 02:13PM

GUYS,

The majors are not dooing basic exploration, I accord you this, but my questions was very simple. Why NOT didn't get a JV with a major or as called capital infusion from a major. That was my question and so far nobody fell comfortable to answer. Yes, I got an answer that the majors are coming with heavy financial arrangements or so, but belive my they are dooing this when you don't have something consolidated to work with. As an extension, my question was that NOT in despite of the major visits, it wasn't able to charme them? Seems to! As another extension to my question was if RN was confident that around mid december will be able to consolidate NOT position, by the tonnage, then why it is so in hury to welcome to his ship (as a traveler, I accord you this as well) someone else?

This may be a decent analyse of the latest news, instead to credit anything and nothing of NOT. Because as in life and maybe a lot more in stockmarket nothing is white or black. 99.99% at the time we have to deal with gray. At least, I think so!!!