Any thoughts you care to share?

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)

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rico

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Any thoughts you care to share?

posted on Oct 28, 2013 04:32PM

At these prices, I am considering buying more and hold for awhile. I am concerned that we will need more cash before too long and if raised by PP then more dilution.

The website says we have 233 million shares out and 249 Million fully diluted. Although not an enormous number of shares, would Noront be considering a reverse split to get the SP higher before doing a PP?? Reverse splits rarely are a good thing for retail investors.

Appreciate your thoughts!

Rico

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