I disagree with Bob Rae on market conditions. He seems to be chromite oriented.
Market may be a factor for that resource because on investment of a dollar you get about two back and you have to pay for that first buck resulting in about a buck for your effort. That means you are sensitive to markets and global economy.
As for Noronts ore, I strongly disagree.
The nickel ore is expected to bring in 5 to 6 times on a buck invested. Any financier of that situation should do hand stands to get the opportunity to participate. In short, this play is practically immune to market situation. Remember the negative price for nickel to us due to the PM credits?
There should be no problem with finding financing for Noront's efforts pertaining to nickel ore.
Where I agree with Bob is federal government.
The Feds have been dragging their feet about supporting, or at least understanding, the Ring. Pooh Hoo on them.
What Bob fails to mention is what is the stance of the natives. Will they present any impediments in the future to progress? They did blockade a few years back, did they not?
Prospects are still great for Noront.