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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.
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Comment by Bentonstockson Jun 26, 2007 1:23pm
315 Views
Post# 13000343

RE: Devil''''s Advocate...

RE: Devil''''s Advocate...I admit this exercise may be a little too academic, but to build on Norgil's start, I will say that maybe the WL property lacks sufficient continuity to feasibly detail a resource without drilling holes every 10 -20 metres, and could be uneconomic to mine due to the random geological structure... Are there any known examples of similar popertries that proved to economic? In response to Norgil, I will state the the company Pres is prepared to farm out Mexico projects, is going to let Caddilac do the work on Burnt Hilol, and did acknowledge that staffing shortages will prevent them from working many projects at once. In fact, Nemis emphasized tha WL is their core project, and their current work program for WL seems to reinforce this. He aslo stated that had to use find a use for the $5million of the super flow-though funds, so they are forced to look for other projects because they cannot spend it on underground exploration at WL.
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