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. > Wyloo offer at 70 cents or keep investing

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Comment by HaulJockeyon Sep 15, 2021 8:40am

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Post# 33860584

RE:RE:RE:RE:RE:RE:RE:Wyloo offer at 70 cents or keep investing

RatPatrol wrote: That a very good point, Edgy11. It's not only the cost of the infrastructure; it's the delay caused getting permits. For example, Western Copper has drilled out, proven up a very large, economic copper, gold, moly, silver deposit called Casino. Federal gov't promised an "industrial" road of 120km about 6 years ago.

Still waiting.

The golden triangle now hosts 3 big new deposits but they require possibly roads as well as power.
These may get delayed from production due to lack of timely infrastructure building.

Delays erode the present value of a deposit.

Maybe Ford's gov't will get this Northern Line built in a hurry.
It's already been 3 years I think since it was first agreed with Martens Falls Community.

I'd like to see some hurry-up somewhere in Canada.

You raised an excellent point Edgy11.

We c....

I would think that if there was a commitment to "digging the hole", the government, unions and utilities would be lining up to provide the infrastucture needed.

The amount of money generated over the lifetime of this project is staggering. Taxes, Dues and Utilities will get this done. Well.., some other stuff too but you get my drift.