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 JulesCorleoneon Apr 21, 2018 3:55pm

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Post# 27922014

Extremely Undervalued Company with Giant Nickel Deposit

You guys should check out FPX Nickel, which is FPX on the Venture.

Puny 25 million CAD market cap. They have 100% of a massive multi billion ton nickel deposit already drilled out with an over $500 million dollar NPV. The study was very conservative and a new one is underway that should result in a substantial increase to the NPV. Nearby they have also sized up an additional target that is likely an even bigger deposit than that which has the NPV on it now.

Very disciplined management that owns a huge percentage of the company. Nickel is exploding right now and this super low volume stock (low volume in Canada too) is just at the beginning of what appears to be a big bull move. This thing could quadruple and it would still be undervalued compared to some of its peers in the industry according to their investor powerpoint (other companies with large bulk tonnage Nickel deposits but no mine).

Full disclosure: I am very long this stock.

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