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: New maybe will help

New maybe will help

posted on Apr 25, 2008 05:09AM

It's hard to figure out why the lack of confidence in Noront which has cause market pricing to drop as it has. Just maybe the very professional detailed report of the problems being face with the laboratory and why Noront is being so careful will reasure investors.

As a price mover it lacks the punch I'd have expected. FNC's news actually appeals more to me since it indicates Noront has a deep deposit sitting close to claim border with FNC. Maybe the deposit when defined will end up being shared between them both and maybe it indicates Noront has a lot more than we yet know at depth?

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