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.

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Noront Resources Ltd. > hmm...

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Post by DoctorAuricon May 27, 2021 6:06pm

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Post# 33283100

hmm...

"Wyloo."

Owned by yet another Aussie iron ore magnate worth $18B USD with deep connections to the commie Chinese.

Proposing completely private ownership of a strategic north american asset that has languished because of government ineptitude among other factors.

If the Canadian gov't stepped in when they stopped the sale of the TMAC, they will certainly prevent a Chinese proxy from attained complete control of this asset.

I predict the message will be sent to Wyloo to get out with one or more anglo-american controlled multinationals moving in instead.