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Noront Resources Ltd. V.NOT


Primary Symbol: NOSOF

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

Post by halfcentmanon Nov 28, 2021 5:33pm
357 Views
Post# 34174085

A $10 private placement

A $10 private placementA BHP $10+/- private placement would check a lot of boxes for all of the parties evolved. Obviously Wyloo would have to acquiesce to whatever influence BHP may have in the ring. Both Wyloo and BHP could move forward with making money mining the district. Our governments would be welcoming. There would have to be special considerations given to the Mattawa. Maybe a NSR/% ownership given. For us, we would have two options: sell or stay. There's only one catch! The $10 buy in offer would have to be a guaranteed price floor. Any bids lower than $10 would have to be purchased by either Wyloo or BHP to maintain the legitimacy of the placement.
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