It was surprising to see this portion in Noront's MD&A, yesterday.

"Business Development

The Company’s objective is to be an owner, operator of high quality mining projects within and outside of the Ring of Fire.

The Company’s management team has significant experience successfully building and operating large scale base metal mines and smelters, which the Company views as a competitive advantage.

Management will therefore look for opportunities to acquire high quality advanced development or production assets outside the Ring of Fire that leverage the skill set of management and complement the existing Noront properties"

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look for opportunities to acquire HIGH QUALITY ADVANCED Development or production assets OUTSIDE OF THE ROF??

With what money? And if Noront shares are being offered in exchange for these "high quality assets", the perceived value of Noront has to be a lot more than it's current market cap. 

High quality advanced development assets sure sound expensive to me.

So what's changing for Noront's future  to be putting stuff like this in their MD&A?

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