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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

Post by halfcentmanon Apr 08, 2022 11:04am
313 Views
Post# 34587824

$250B pie wasn't big enough for us

$250B pie wasn't big enough for usHow distasteful is it that on the same day NOT goes private our Federal Government announces a budget that will include money for a road to the ring (or soon to be made official) . I have no doubt that my share of the pie will go toward a deal with the Mattawa. Some of it will go to miners like BHP as well. This goose is fixed to be carved up. I did OK but had higher expectations of being paid more for my shares. Maybe that expectation was somewhat swayed by the opinions posted on this and other message boards. I find it hard to believe I would have received the same return should Noront have taken this task on their own. I understand the frustration some have that a valuable Canadian asset fall into the hands of others. They get the spoils and we get the jobs driving the trucks and servings coffee at Tim Hortons. Then again these are the same people that love their iPhones(USA) and think down upon owning a Blackberry(Canada) . Life moves on. I couldn't stomach another 5 to 10 years here.
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