OTCPK:NOSOF - Post by User
Comment by
greasemonkieson Aug 24, 2021 11:30am
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Post# 33754747
RE:RE:RE:RE:Paperwork to tender
RE:RE:RE:RE:Paperwork to tender Having the most property/claims in the ROF doesn't make you the best investment, Noront spent all their money/time on being King of the Ring and ignored the most important things 1) transportation (left it to government) 2) Zero partnership offer to First Nations (few thousand shares, like offering beads to FN) 3) didn't focus on how they would process Chromite (we will just build a smelter?
Noront spent their time and money stalling the ROF to bankrupt all the other companies especially KWG, this was their downfall as they wasted time and money seeking to be King of the Ring. 4) They went so far in to debt that this was an anchor and they lost control of their destiny, $60-$70 million dollars in debt and zero partnership with First Nations or any transportation infrastructure is the last nails.
KWG has a huge amount of shares, but zero debt and developing First Nations partnership, patented game changing process to transform Chromite into Ferrochrome in a solid state, they are not reliant on government to pay for the N/S transportation route or hydro/internet etc....
KWG controls their own destiny unlike Noront (they chose to use Cliffs business model and how did that work for Cliffs?????
GLTA ROF gamblers