Re: Minister Sohi, major mining announcement Oct.30
in response to
by
posted on
Oct 29, 2018 08:39PM
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)
@marmite you wrote:"Only if it's specifically about NOT. News for the region, not so much."
( in terms of a pending News release affecting the share price action/aprreciate of NOT)
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Of course news about the region should affect the sentiment towards NOT, since NOT is the region.
"Noront holds 85% of all claims in the Ring of Fire district. Our properties are of comparable size to the entire Sudbury Basin with significant exploration potential."
Presently a path forward regarding the funding of infrastructure to the ROF with adequate inclusion of the First Nations is the sole reason that our share price sits where it is , as we are essentially a stranded deposit , regardless of the treasure trove that has and will be found. One could be the best doctor/lawyer/tradesperson on the planet , but if no one can get in to see you , what value do you hold ?
...Well, in the case of NOT the market has spoken ...$0.27 /share that's likely less than 50% of the expenditures that NOT has directly invested on the project thus far...
Cheers,
Luker