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Noront Resources Ltd. V.NOT


Primary Symbol: 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 May 03, 2021 8:12pm
106 Views
Post# 33120634

RE:EA planning begins on middle section of the RingOfFire Road

RE:EA planning begins on middle section of the RingOfFire Road

EA decision end of 2024 for what looks like road middle section( and if approved), and Noront bet on our governments to build them that road by last year. $60 000 000.00 in loans accumulating massive interest. Will loans be called in by the entities holding that debt and repossessing all Noront's deposits? Say what you want about KWG but they don't have a massively huge anchor of debt which is crippling $60 million dollars. 

Noront better pray that KWG/CCC can pull a rabbit out of their A$$ and make something work, like Rail-Veyor system which an EA may be awarded quicker and with a better approval chance. It's truly looks bleak if it is a 3-4 year wait for an answer which could be a YES OR NO!

GO NOT GO!!!!!!

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