Agoracom: Small Cap Investment - Noront Resources - Re: Miners: Think outside the box

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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Sitler27

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Re: Miners: Think outside the box - today's National Post

in response to

Miners: Think outside the box - today's National Post

irish1111

posted on Jan 14, 2009 04:09AM

Good post Irish,

I receive the Globe and Mail and the lead story (in Report on Business) was Commoditiy slump bruises trade. Mostly dealing with oil but the article also mentions metals.

I think we should be encouraged on a couple of fronts. 1. the ROF companies have been able to raise cash, I refer primarily to NOT and FWR, during these difficult times. 2. Both NOT and FWR are not being conservative about drilling. NOT (3 drills) and FWR (2 drills).

IMO this should give shareholders some confidence that despite these very tough fiscal times both these companies are confident going forward. Without being too optimistic, it almost gives you the impression that something is going on behind closed doors.