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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Post by FrogEyeson Jul 21, 2011 11:17am

271 Views

Post# 18856613

See what happened to Opti yesterday?

Chinese nationals wait for an ailing company with good assets to spend all its money, then they swoop in and "save" the day. The shareholders are relieved they didn't lose everything and the Chinese avoid the dreaded "net benefit to Canada" test. Noront knows it can't go to market again for cash. It's only got one option. So what are the chances that it and WE will get a good price?

Frustrated Shareholder.

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