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Noront Resources Ltd. NOSOF

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

Comment by greasemonkieson Dec 24, 2019 12:00am
116 Views
Post# 30486504

RE:RE:RE:RE:RE:RE:Info

RE:RE:RE:RE:RE:RE:InfoCan someone explain the difference in NSR & GSR as this seems like a huge concession although Noront received $5 million which will/should get them through another 6 months- 1 year. Will this deal now have an effect on their SP along with RCF conversion now at $.20 cents instead of $.34 cents, this seems like the share count will increase almost 50% quicker.
Any thoughts on these deals? Thanks in advance.
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