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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.


OTCPK:NOSOF - Post by User

Noront Resources Ltd.
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Comment by glorieuxon Aug 09, 2010 12:02am
956 Views
Post# 17332415

RE: RE: Facts, rumors and JJ

RE: RE: Facts, rumors and JJWith 1.6B in current assets and 3B in Shareholder's equity, they would have no problems raising the funds/shares for a 1B dollar deal which is what I think it will take to get Noront-about $5 per share unless some of these other rumors prove to be true.  If that is the case, then no, I do not believe Cliff's can afford Noront..
Glorieux
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities