Agoracom: Small Cap Investment - Noront Resources - why it has taken 6 months to find a CEO".

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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Private NOT Forum

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sag4tag

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why it has taken 6 months to find a CEO".

in response to

by

posted on Mar 16, 2009 09:38AM

George you say, " We too are baffled by why it has taken 6 months to find a CEO".

This is why it is from the No 11,2008 financing press release.

NORONT UPDATE AND FLOW‐THROUGH FINANCING

.......granted to the interim co-CEOs, at an exercise price per share of $0.80. These options

vest as to 50,000 options in the aggregate each month, for twelve months for so long as

the optionee occupies the office of interim co-CEO and are exercisable, to the extent

vested, until November 10, 2013.

As far as I am concerned there is no mystery.(IMHO)

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Re: Sambone- George

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Sometimes we must have courage of our convictioins.....

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