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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Message: Re: JJ out of the loop! - But Who Cares?
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Jun 29, 2009 06:36PM
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Jun 29, 2009 07:11PM
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Jun 29, 2009 07:14PM

I'll bite.....I noticed that too, but didn't want to be a buzzkill.

The part that makes me nervous is this quote:

Noront is currently completing our obligations under the operating permits issued for Windfall Lake and we are evaluating all alternatives for the project going forward.

Alternatives to WHAT? Alternatives to doing nothing are:

(A) doing something ( drilling, etc.)

(B) selling/farming it out or something of the like.

And it doesn't sound like they're doing any exploration work any time soon, so that pretty much leaves me thinking we're left with option 'B' unless I'm missing something here.

9
Jun 29, 2009 07:40PM
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