quiz,

I can't see selling Windfall at this time simply because until a resource is defined there, it would not receive bids that value the property appropriately. (We have lots of excellent assay results but the resource has not been quantified.) My recollection from talks with Mr. Nemis (that have been reported on this board) are that Noront has over $20 million in the bank, and the burn rate is, or will be, about $2.5 million/month. With two more drills coming (March I believe) I would guess that a cash infusion will be needed in the June timeframe to avoid drawing the till too far down.

Can anyone point to the conversation where RN confirms the cash on hand?