Agoracom: Small Cap Investment - Noront Resources - Re: Management’s Discussion and Analysis

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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Francis Dube

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Re: Management’s Discussion and Analysis - Highlights............. this won't do

in response to

Re: Management’s Discussion and Analysis - Highlights............. this won't do

hgs225

posted on Dec 30, 2008 03:40PM

These are the expenditures under the old management. For the 3 months ending October 31st 2008, we spent 3,966,192 and spent a total of 11,320,150 in the 6 months ending October 31st 2008. So Lar, you looked at the wrong line there. As for being screwed, only time will tell. The potential up there is still great and comments like yours hgs225 are not justified here.