"..."The chromite market is depressed; chromite prices are half or less than what they were when Noront did its assessment several years ago and the investment community is not interested in investing in this project," Lapointe said. "This is reflected in Noront's share price at the moment, which has dropped by over half of its value over the last three years. ... I would tend not to put my eggs in this basket. The economic outlook of those chromite mines do not look good."

http://www.thesudburystar.com/2018/03/04/chromite-critics-warn-element-very-toxic

Who is this Lapointe MiningWatch dude..how does he so blatantly cherry pick data to misrepresent?

NOT did its updated 43-101 on Blackbird Deposit in 2012 (  http://norontresources.com/projects/blackbird-deposit/      ), and the 43-101s on the other chromite deposits were complated even later. The FerroChrome price is that which is what we are really interested in (beneficiation of the ore through the smeltering process here in Ontario for maximal economic gain) has actually increased since 2012, NOT halved!!

http://www.infomine.com/investment/metal-prices/ferro-chrome/5-year/

http://www.infomine.com/investment/metal-prices/ferro-chrome/all/