"Emphasizing a mine development and less on exploration may be a better approach for financing as mining yield profits while exploration just shows potential. I think NOT needs to demonstrate the potential to make money to attract investors or takeovers."

I agree. My point was that when we look at Noront"s holdings in the RoF, even with reduce drilling activities, there may be another big hit along the road. And there is plenty of room for JV agreements (For instance, I suspect Mr Nemis to have one or two propositions in the back-burner for an eventual deal with Noront involving a partnership with his Bold venture as regards to potential claims...)

GLTA.

BaBe.