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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Icon president Would you go for this?
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Been There
Apr 16, 2015 05:42PM
Re: Would you go for this?
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Edgy
Apr 16, 2015 06:30PM
Icon president Re: Would you go for this?
8
Been There
Apr 16, 2015 08:00PM
Re: Would you go for this?
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seahawks
Apr 16, 2015 08:44PM
Re: Would you go for this?
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merjr
Apr 16, 2015 09:04PM
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TheNestHasLanded
Apr 16, 2015 10:44PM
Re: Would you go for this?
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Edgy
Apr 17, 2015 07:22AM

Add in that this Dec 2015 the $15 million RCF Loan becomes covertible at $0.45 or about 33 million shares of dilution and 1/3rd ownersip of NOT

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Yes Been There, and if Canadian Dollar stays were it was earlier this year it would cost Noront

another 10 Million+ shares to satisfy the conversion giving RCF close to one third control.

My hope was that Not would be able to monetize some part of its vast holdings and thus

avoid dilution.Because of time constraints that looks less likely now.

I remain hopeful nevertheless.

GLTY and all,

Fossil

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