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: Noront Mentioned As Possible Takeover Target

KWG & SPQ are more likely to be taken over before Noront. I base this more on their smaller Caps. Cliffs would like to corner Noront with little room for maneuvring before making a take over offer or a cooperastive one.
By cooperative I mean them dictate terms on sharing of rail transport and possible coprocessing ( i.e. we pay them to process our chromite, why have two mines?) and sale of chromite.

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