Noront Resources Ltd. 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.

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Noront Resources Ltd.

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Comment by franzneumanon Feb 20, 2009 5:22pm

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Post# 15794124

RE: not

I think a lot of long term shareholders would agree with you entirely.

However, the management coup that was orchestrated in the fall, did so with the explicit intention of throwing Windfall in the dumpster. Nemis knew well to keep the company diversified in a range of metals, given his previous experienc with antimony. The geniuses that took over wanted to put a singular focus on the Nickel and PGEs in James Bay. In the meantime, nickel has gone in the toilet and the other metals haven't done much better.

I got out of Noront when they took over. They expose the company to a lot more risk, imo.

btw, where's that TSX listing they were harping about back in the fall?

franz

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