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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

Bullboard Posts
Post by dangert2on Dec 05, 2006 8:01am
369 Views
Post# 11805291

DOLLAR FOR THOUGHT

DOLLAR FOR THOUGHT1. 12 holes were drilled 4 came back assayed and then re-assayed. Don't you think the other 8 have not been assayed already. I believe they have and just being re-assayed again. Just a thought. 2. They promised to release before the year end. Dates: Dec: 4-8, 11-14, 17-21, 24-31. Most likely they won't release on the last 2 weeks of December. There will be no audience. Most likely they will halt on Wednesday. so I will be watching tomorrow hard. 3. CEO are talking 15 million financing. 15 mil. is way too much for drilling alone. I think this includes resource estimate fees and etc. 4. The management has been really good to the shareholders to issue PP for 15 million at this current is a lot of shares. The management has been clever enough to have properties in Hungary, Mexico, NB, Quebec (World Class)to only have 54 millions diluted. Obviously, they are smart on issuing shares. that being said, I think they have the confident that the share price will go much higher than this once the 8 samples come back. They will never issue 15 million shares or more. Typically 5-7 million. so we are looking at about 3-5 dollars in share price. In conclusion, play the market as much as you want but I suggest don't leave yourself without any shares of NOT. The next two weeks would be really crucial for the share price. If we are halted again we won't gain .16 cents only, it will be in dollars. hahahahahahahahahahhahahahahahaaa WE ARE GOING TO BE RICH SOON. HAHHAHAHAHAHAHAHHAA JMHO.
Bullboard Posts

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