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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. > Info
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Comment by lou64on Dec 24, 2019 10:00am
128 Views
Post# 30487317

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

RE:RE:RE:RE:RE:RE:RE:InfoGross Smelter Return (GSR) Royalty: A defined percentage of the gross revenue from a resource extraction operation less, if applicable, certain contract-defined costs paid by or charged to the operator

so it is a hair cut for shareholders except for the party that gets deal !!

the other difference is a bonus of 42 % increase

only a sucker buys into the revised deal ... notice anonymous buying to prop up the share price just after the deal ????

LMFAO
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