Vermillion: Neither generosity or stupidity.
I suspect due to this release that management knew of these results before they made the deal with Probe and probably initiated the deal. Before this release I suspected Probe as the initiator due to a possible feeler from Cliffs. Now I am fairly certain that Noront pulled the strings on this deal.

We have results only from one hole so that tells us next to nothing about quantity but it shows that we have another chromite body, even if it is a possible extension but most important,this hole shows that there is a good possibility of much better grades.

Basicly the company exchanged previous chromite for possible nickel claims and now has a chromite field of possibly better quality.

I think it was a wise move.