Noront Resources Ltd. V.NOT

Primary Symbol: NOSOF

Metals & Mining Industrial Metals & Minerals

Noront Resources Ltd is a mining company. It is engaged in the exploration, development, and acquisition of properties prospective in base and precious metals, which includes nickel, copper, platinum group metals, precious metals, chromite, and vanadium. The company's developmental project consists of Eagle's Nest nickel-copper-platinum-palladium deposit, deposits of high-grade chromite and copper-zinc volcanic massive sulphide deposits which are part of the company's McFauld's Lake Project. Its assets are located in the area known as the Ring of Fire in the James Bay Lowlands, Ontario.

OTCPK:NOSOF - Post by User

Noront Resources Ltd. > Wyloo offer at 70 cents or keep investing

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Comment by RatPatrolon Sep 14, 2021 4:29pm

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Post# 33856489

RE:RE:RE:RE:Wyloo offer at 70 cents or keep investing

Hauljockey, 70 Canadian pennies per share is the number that Wyloo values your shares, and by extension, all shares.

ALL mining companies, IMHO, have been burned by self-inflicted financial wounds of prior commodity cycles. There are plenty of examples.

Infrastructure costs, - and judging by your handle you know more than I do about roads for example, are a MAJOR offset - read cost - to getting NOT's concentrates to market. Soooooo.... that road-building cost is estimated by BHP, Wyloo, whoever, and DEDUCTED from the estimated value of the deposit(s) in the ground to arrive at a value per share.

But WDIK?

Just sayin'

DYODD

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