Oh what I forgot to mention, this resource is over a whopping 200meters by 50 meters and only 225 meters deep. That’s like two foot ball fields. By the way how many football fields can we fit in this much property. “Noront has actively staked ground in the area since the discovery and currently holds 100% of over 41,000 hectares of prospective ground on the "Ring of Fire"

Am I reading this release properly?

Indicated

1,834,000(t) X $515 = $944,510,000

Inferred

1,087,000(t) X $614 = $667,418,000

Total resource net smelter value, indicated and inferred

= $1,611,928,000(NOT’S profit)

Now divide this by the estimated fully diluted shares of I believe around 138 million.

1,611,928,000 = $11.68 net smelter revenue(NSR)

If I understand this properly this is after all costs, other than governmental licensing etc.

Wow this is big. In this case, this is clearly grade, grade, grade. And with the drill, drill, drill we are going to be in for 1 big ride some where in the next 3-12 months.