Agoracom: Small Cap Investment - Noront Resources

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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Wake up

lucky28

Jul 27, 2009 11:13PM

Re: Wake up

glorieux

Jul 27, 2009 11:20PM

dvdgray

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Re: Wake up

in response to

Wake up

lucky28

posted on Jul 27, 2009 11:35PM

Using Glorieux' numbers for indicated and inferred, taking a very rough back-of-the-envelope approach and adding them all up in my head, I get $1.6B. Hoping that methodology (adding inferred to indicated) is correct.

Multiply by 3 (HUGE assumption that what's under Eagle 1 is 2x the size of Eagle 1 and has similar composition), and it's $4.8B in-situ, just for Eagle One. Not including Chromium, Vanadium, or AT12, or any future discoveries that Noront might make in their vast holdings.

O.M.G.

8 Recommendations

Re: Wake up

bowline

Jul 28, 2009 06:29AM

Re: Wake up

glorieux

Jul 28, 2009 07:49AM

Re: Wake up

Edgy

Jul 28, 2009 09:18AM

Re: Wake up