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)

Free
Message: NOTs Sedar Report just out....
Reply New Message
Prev Message Back To Forum Threaded View Next Message

Hi Sum,

I dont think it is that strange. Think of it like this;
Noront does not make money yet. So all money needed to keep the show on the road has to be raised by issuing stocks.

So from a accountancty perspective the company is not healthy .. but thats just a normal part of the exploration business.

Regards,


Gerwin

5 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply