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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
Comment by bert2818on Dec 19, 2006 1:45pm
247 Views
Post# 11892412

RE: You heard it first from me

RE: You heard it first from meWhat does it matter if it is oversubcribed 2x or 10x. the pp is for $15 @50 when the shares traded at 80c not a bad return when you also figure in the 10% commission.I would bet that these shares were mostly sold before the company got their money and the financiers are laughing all the way to the Bahamas.Not a bad deal when you think of it,just for the bag holder it is not. The smart ones take the money and the others hold the bag full of risks.
Bullboard Posts