$325 million takeover of Noront falls short of the $1 billion Reviewable Threshold

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

yesont

Rank: Mail Room [?]

Points: 52 [?]

Votes: 12 Score: 2.7 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

$325 million takeover of Noront falls short of the $1 billion Reviewable Threshold

posted on Jul 27, 2021 02:23PM

Ha I just saw this tweet and swore. Doug Ford yesterday said kids were going back to school this fall if he has to 'hop in that school bus and drive them himself': https://twitter.com/krushowy/status/1419716865778233345?s=20

Heard that one before. I'd rather he stand up and protect our critical minerals from falling into foreign hands.

I don't think Trudeau and the Feds will make a move on this until/unless the Ford government comes out against it. The $325 million takeover of Noront falls well short of the Reviewable Threshold of $1 billion at the Federal level: https://www.ic.gc.ca/eic/site/ica-lic.nsf/eng/h_lk00050.html

6 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply