Norra Metals Corp V.NORA.H

Alternate Symbol(s): NRRMF

Norra Metals Corp. is a Canada-based precious and base metals exploration company. The Company’s principal business activities include the acquisition and exploration of resource properties. Its Norwegian assets include the Bleikvassli polymetallic, zinc-copper-lead-silver underground mine project and the Meraker copper-zinc- gold exploration project. It also holds a 100% interest in the Pyramid copper-gold porphyry project located in Northwest British Columbia. The Pyramid Property is located approximately 65 kilometers (kms) north of Dease lake in north-west British Columbia. The Company’s Bleikvassli property is composed of the last copper-zinc-silver-gold producing mine across six contiguous exploration licenses totaling 60 square kilometers (sq.km) of area in the Hemnes Municipality of the Nordland Fylke Province of Norway. The Meraker property is composed of approximately 21 contiguous mineral licenses totaling 206 sq. km in the Meraker municipality of Trondelag County, Norway.

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Norra Metals Corp

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Post by blue_seaon Aug 11, 2011 11:22am

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Post# 18930886

Stockhouse headline wrong

How can such mistakes happen. Headline on Stockhouse:

Pan American's La Preciosa PEA shows 24.3% IRR

But the the figures are:

Undiscounted present value (million $) 1,308.9
Net present value at 5% discount per year (million $) 922.0
Net present value at 10% discount per year (million $) 663.4
Internal rate of return (percent) 52.7
Payback period (years) 1.9

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