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 Mining Company ?

I second Crazytrade´s sentiment, because all along the way, Noront has said it will mine the deposit (Eagles Nest).

And if that happens, it will definitely happen BEFORE Cliffs or any others will mine ANYTHING in the RoF !

Why ? Because a lot of the high grade ore of the deposit is near surface, easy to mine and can be shipped without any further work required.

And that will pay for further development.

That´s not the case with most of the Chromite found so far.

But, and that´s a big BUT, I still think, that it´s not going to happen, because we will have been bought by then.

The price ? A multiple from today´s price !

Will I be able to cash in my $ 4,00 warrants from the FWR take-over attempt ?

I certainly hope so and for a nice little profit !

FANTOMAS

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Jun 12, 2010 06:23PM
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