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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 Jun 25, 2021 10:37am
152 Views
Post# 33450118

RE:Peterj99....All Info Directly from KWG M D & A, Sedar

RE:Peterj99....All Info Directly from KWG M D & A, Sedar

Back with the red crayons again Fossil/Dragon? 

What will happen if KWG makes a deal with RailVeyor to install from Nakina -> Ring of Fire deposits and being electricity will be needed along the N/S route to operate this railveyor system they supply electricity to surrounding communities to hookup to, what will happen if First Nations partner with KWG on this initiative? Would they not collect revenue from Wyloo for all minerals being hauled out of their deposits when they complete their somewhat hostile takeover of Noront for 31.5 cents. Would KWG buy all Chromite at a discount and use their gas reduction method to produce Ferrochrome (has to be processed in Canada). 

There is much happening which you don't know/choose to not know/or blatantly try to minimize. Maybe time you just sat back and let it play out. You are very critical of KWG and their plans but in your wisdom ignore the huge issues which Noront is looking down the barrel of that gun.
 Noront overplayed their hand and now it is in HUGE TROUBLE, at the same time KWG has been working quietly at solving all aspects of mining/transportation/processing but they have huge hurdles to get over yet themselves, it will become clearer in upcoming months I assume.

Remember Noront (Wyloo) is beholden to China 1st and if you haven't been paying attention in regards to world events North America and the rest of the free world don't want China controlling REE's and critical minerals, so which entity would governments stand behind to bring the ROF to fruition?

All the red crayons in the world aren't going to change the final story of the RING OF FIRE STORY.
GLTA ROF GAMBLERS 

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