The below was posted by Goodheart'r today on SH
before reading his post below, keep in mind Jeremy Neimi (noront'sĀ former geologist) was a director at beacon back in 2016. And I noticed Beacon on the time and sales today as a buyer of Noront.
beginning coverage of NOT
Noront Resources (TSXV:NOT) Beacon Securities begins coverage with a "buy" rating and a price target of $0.90, which implies 143% upside, saying... "The world class Eagles Nest Ni-Cu-PGE deposit will be the company's first mine...and should be one of the lowest net cash cost nickel producers in the world. The new Ontario Premier has stated the Ring of Fire is his top priority and the government has committed $1 billion for an all season road to the Ring of Fire. Beyond Eagles Nest, Noronts crown jewels are its gigantic, world class chromite deposits. With resources that could support a 100 year mine life, a billion dollar smelter and make Noront one of the lowest cost producers of ferrochrome globally an essential ingredient in stainless steel".