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.

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Noront Resources Ltd. > Prediction Correct, US Recession Will Tank Market

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Comment by Charles777777uon Jul 31, 2020 10:04am

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Post# 31349137

RE:RE:RE:Prediction Correct, US Recession Will Tank Market

Let's be real. I'm not saying this stock won't make money but we are in the middle of a recession much bigger than 2008 and the impact will be seen in 2-6 months.

Air Canada just posted revenue down 90%, few people are buying cars because they don't need the commute, and most industries except for e-commerce are suffering. Job losses are piling up and all this will have an impact on mortgages, banks, investment.

Buckle up, save, and reinvest.

As for the road, it needs federal support and they won't get it for a while with Trudeau stuck in scandal after scandal. He built his brand based on reconciliation with natives and diversity. Any support for a mining company that enrages the native community will end up very bad for him

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