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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Message: Re: Quite surprised????????
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Feb 04, 2008 04:27AM

It is at a decent price for this particular time, contrary to what many believe Noront can't prove much more value than $4 a share right now. The warrants at $5 are briliiant in that they put a lot more money into the war chest.

Nobody wanted to believe me when I said Noront must be buring money faster than was indicated. Obviously they were and have plans to increase spending.

I'm happy and believe the market will because now the market knows Noront has the hard cold cash to see DE 1 and 2,3,4 through to completion. 

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