You are right in one respect, the 10-15 million tons of ore... The other perception that was running around at the time was that it takes

$10 billion

to make a world class deposit. The tonnage and grade must equal a certain dollar figure in order to be considered a "world class" deposit. THEN, you can start calculating infrastructure costs and insitu values and get your ROI above the 10% mark... That is when it becomes a win/win for both the exploration company and the major mining company, from what I remember all those much more informed posters from the beginning of this investment.

Let's just pray that Mr. Hansen knows something more than we know, and that he has the secret plan in place to get our share price up some. I really don't care for this extra dilution at this point. It just smells like a reverse split of shares at some point or other... Something I really don't care for. This is when I see my investment losing value... We better be able to sell this area out for a premium or get the ball rolling to start the mining process very soon if we are to get a substantial return on our investments...

God Bless all Noront Shareholders.

Herb