Agoracom: Small Cap Investment - Noront Resources - Re: If you were on the BOD-share price

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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Old Joe

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Re: If you were on the BOD-share price - CMP

in response to

Re: If you were on the BOD-share price

CMP

posted on Feb 27, 2009 09:49AM

"how much will it cost to bring it to market?"

This has to be the single biggest factor for Mining Majors at this time in the Global Banking/Credit MESS.

Cash is their King for the immediate future and that future has no known Expiry date attached. Consequently, I can imagine these Mining Majors telling Noront and FWR they are EXTREMELY INTERESTED BUT!

I can also imaging many Industry (Mining AND Banking) so called Experts advising the same to NOT and FWR.

The difference between NOT and FWR may not be all that great in that particular department, BUT for total Land Holdings each Explorer's Holds in the RoF.