I stil remember the day that Cliffs went on Eyewitness news and boasted about the mere 211 million they paid for a Canadian Junior ...that when..in production they would increase their revenues by 50%. I remember looking back and wondering what their revenues were at the time ..and they were 1.5 billion. So, back then..it was anticipated that the chromite would bring in revenues of 750 million per year.

Noront has equal or most likely MORE chromite than Cliffs and I wondered when this fact would become more public.. When you read the news stories ....you were lead to believe ..Noront has a nickel copper PGE deposit in the ROF and Cliffs and KWG have the chromite deposits. It seemed the market didn't assign a value to Noront's chromite...because ..perhaps..they didn't even realize they had it. It wasn't broadcast. It was under the radar stuff.

I read the recent Noront March MD&A and it looks like 2014 is the year that the Noront Chromite...is no longer "under the radar." Here's a little copy and paste from the recent MD&A

"Noront states: one of their primary objectives for fiscal 2014 is to : Evaluate the Company’s other mineral deposits in the Ring of Fire region to maximize value"

also pay attention to this sentence in the MD&A about leveraging off of infrastructure developed:

The Company continues to evaluate opportunities to accelerate the anticipated production date of the Blackbird

chromite deposits.

The Company is evaluating development models for a modest (approximately 1 mtpa) underground bulk chromite operation that

leverages off of infrastructure developed for the Eagle’s Nest Project.

"The Company’s primary objectives for fiscal 2014 are to:

 Further develop its flagship Eagle’s Nest (nickel-copper-platinum-palladium) Project which will commence production

after a three year construction period including:

 Securing support for the Company’s infrastructure plan from the Provincial Government of Ontario, the Federal

Government of Canada and local community stakeholders;

 Advancing the Environmental Assessment (“EA”) and Environmental Impact Study (“EIS”) processes through

public review towards final submission and approval;

 Ensuring the support of First Nation Communities for the Eagle’s Nest Project by engaging in community

consultation and negotiation of partnership agreements;

 Progressing project engineering and developing a construction-level estimate sufficient for a development

commitment;

 Evaluating and progressing financing options;

 Evaluate the Company’s other mineral deposits in the Ring of Fire region to maximize value."

...................................