Re: Noront Resources and Marten Falls First Nation Sign Exploration and Project Advancement Agreement
posted on
Apr 13, 2017 10:39AM
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)
"why are they not even able to set aside a fund of - 10-20mln shares to use for exactly that purpose? Why dilute every single time."
And why would this be any less dilutive? Dilution is an extremely misunderstood term to some. No one likes having to issue shares for any reason, however, it is a necessity to move projects forward.
Tranq, you keep talking about the past as if it has any bearing on your investment decisions today. For anyone buying, holding, or selling a stock, the only time that matters is now. If you hold Noront, decide if it is still worth holding based on today. Same goes for buying or selling it. Is it worth buying or selling at .235 cents? I believe it is a screaming buy. GLTA.
djje