Agoracom: Small Cap Investment - Noront Resources - Re: Hole #12 values..... VOLUMES

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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Hole #12 values

Boatboy

Nov 08, 2007 09:03AM

Re: Hole #12 values .Thanks Good work eom

Jacques Olat

Nov 08, 2007 09:22AM

Re: Hole #12 values

bowline

Nov 08, 2007 09:41AM

Boatboy

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Re: Hole #12 values..... VOLUMES

in response to

Re: Hole #12 values

bowline

posted on Nov 08, 2007 09:48AM

I thought it might be interesting to work backwards with the $2530 per tonne to see if we can see what the market capitalizations could be and how many tonnes we would need to get there.

Assumptions;

118M shares O/S

In situ value 10% i.e $253 per tonne