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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 LG3Poweron Dec 09, 2006 5:19am
285 Views
Post# 11836283

Fasten your seat belt

Fasten your seat beltFor sure this week ,a lot of day trader was on NOT but i think we just begin to realise that the story is threw. Fantastic assay's, almost to fantastic to be threw BUT...since last Friday when we were around .36 after the news, a lot of great things happened. 1- PP at .50 with options at .75 for a big $15,000,000 compare to just $2,500,000 for ARU.V PP 2- EMPLOYEE OPTION at .75 ( they have to grant these options fastly cause they know that the price will increase rapidly with next PR's ) Actually it does not matter if they have around 80 million share outstanding because finding gold is the equivalent of finding money and at the end, if we have a great find, we have a lot of money. Remeber Virginia was sold for a half Billion 3 years ago. With POG at the actual level and with NOT in *THE* gold capital of Abitibi near Val d'Or. Do not try to pump, but 5 million once in Abitibi with that grade worth the same money than 15 million once in the risky Ecuador. That said, if ARU with 33 million SO can worth 1 Billion, NOT affraid to hope half value for NOT and if we give a 1/2 billion value to NOT , we can see a share price arond $7.00 NOT so far away with our 80 million Share Outstanding. Good luck
Bullboard Posts