crazytrade has addressed the issue of avoiding dilution to develope a mine. This would be an excellent solution provided such financing is available on acceptable terms at the time required. I don't know, but suspect such financing is not a given since so many would be mine openers run afoul of excess dilution.

As to why it is mentioned here, B of D members have stated on several occasions they fully intend to proceed with mine opening and eventually expect Noront to become one of Canada's leading mining companies. Beyond talking, they have hired personnel supposedly quite capable of moving in that direction.

While this plan could well be a smoke screen, it is at least on the table. I agree, though that a sale, takeover or JV is more likely the end game.

IMHO

Best wishes, O.F.