Wes in Berlin
posted on
Nov 15, 2010 02:17PM
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)
Wes is hard to get a hold of sometimes. Right now he's in Berlin at the Metal Bulletin Show. Anyone here attending? Back to office for a day or so, then to San Francisco for Hard Assets show. Good to know, he's active and promoting awareness.
Two drills infilling E-nest and two roaming sniper drills, makes me think he knows more about the story underneath then our current SP knows.
http://norontresources.com/find/id/51/tz
I'm not too worried about these prices, Noront has estimated 2 billion (not NPV), though that is really rough and doesn't include build and obviously feasibility studies.
page 17
http://norontresources.com/Investors/getDocument/norontagm.pdf
Plus we have a vector and place to chase more which I hope is done with infill drills.
Page 13
But look at the land. FNC and TBM have injected themselves in key places, but Noront has the land. Once Cliffs 1.5bil infrastructure begins, land becomes as important as known ore.
page 9
http://www.norontresources.com/Investors/getDocument/norontagm.pdf
-sg
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