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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Message: Noront Resources Announces Issuance of Interest Shares
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Dilution like there is no tomorrow.

A few million shares here - a few million shares there. Close to 285M shares (fully diluted likely more) compared to ~110M shares in 2007(!).

Sounds like hyper inflation to me. Losing >60% value just by "investing" way too early.

Yet - the facts haven´t changed:

Noront's Firsts Since discovering the Eagle’s Nest deposit in 2007, Noront has been at the forefront of development in the Ring of Fire with a series of notable firsts:

  • First Discovery: Eagle’s Nest Mine.
  • First Exploration Agreement.
  • First Chromite Resource.
  • First Nickel Ore Reserve.
  • First Positive Feasibility Study
  • First Training & Development Alliance.
  • First Completed EIS/EA Report.
  • First place in the MacCormick CSR Index.
  • First Mining Lease.
  • First Terms of Reference Approval.

(via http://norontresources.com/wp-content/uploads/2016/01/Q3-2015-Corporate-Presentation-Website-Jan-41.pdf )

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