HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

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Message: Re: Base metals...Chess Move
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Feb 19, 2021 08:30AM
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Feb 19, 2021 10:15AM

Our FS will not come before both government, and First Nation commitments are settled. I do not see Noront releasing such information at this current time. Information that will continue to make the company vulnerable to the excessive demands, and manipulation, brought on it by Matawa & or Mushkegowuk. Only when a deal is signed between the government and the respective First Nations, which may precipitate a further agreement between Noront and Matawa will the FS be made public. To do so before this would be corporate suicide.

Think about this....When you have:

  1.  Something being touted as the next Canadian oil sands; Ring of Fire.
  2. First Nation's telling us they hold the key to our successful recovery from Covid, and the means to prosperity locked in their lands.
  3. The richest man in Australia, who owns the fourth largest mining company in the world, as your largest shareholder.
  4. A country, where the Prime Minister is willing to do, and spend, whatever it takes to reduce carbon emissions, and create jobs, even if it puts his government further into debt
  5. A mining district that can single handedly be the driving force here in North America behind not only the future need for nickel to support EVs, but also a host of other base and precious metals desperately needed for a green economy. Not to mention supply enough chromite to  North America for it's own stainless steel industry...Again, think self-sufficience, EVs, infrastructure and SpaceX...

......You have a pretty big reason why Ontario is last on the list of things to do. Why? Well...Think of it like this...Something like the Ring of Fire is worth more than anyone can fathom. Just thinking about it makes those who are rich, and in the know, giddy with delight. Neither governments, nor First Nations, have the ability to see the Ring to fruition. Only those with the money, power, and the wherewithal can see the project through. But in a global game of chess to control the board moving your pieces takes forever in some cases. Especially, when you want to move quickly, but cannot, without giving up your pieces, or your plan. 

In other words...To make any hasty moves would put Noront, and it's very affluent shareholders, in Checkmate.

TM

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Feb 19, 2021 06:55PM
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Feb 20, 2021 04:38PM
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Feb 21, 2021 09:28AM
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Feb 21, 2021 03:36PM
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Feb 21, 2021 04:04PM
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Feb 22, 2021 09:47AM
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