Noront Resources Ltd. NOSOF

Funding

[traderguy1182]

How can NOT find themselves and stay listed for 5-6 years until development even starts? The ferrochrome smelter is expected to begin production in 5-10 years.

[wheelsonthebuss]

simple - there sitting on BILLIONS OF $$$$$$$$$$$$ of Reserves - ie. Nickel, Chrome, Silver, Gold etc .... GO NOT GO !-))

[traderguy1182]

But if takes 5-10 years to even access it, how do you keep yourself afloat over that time?

[wheelsonthebuss]

If you read there reports , the first step will be mining Nickel / Gold ...... but the road needs to be done asap ( to Timmins or Sue )  , any bank in Canada will front $$$$$ to a company with those reservers - plus once started the revenues on Nickel and Gold etc are huge. This is a sleeping giant that will wake ( when ??? anyones guess ) and hopefully sooner than later. Ont. govt needs to

[traderguy1182]

Cheers wheels, thanks for the reply. I have indeed read the reports, really my only fear from waiting would've been price decline due to stagnation and then delisting. However, we are probably as close as ever to the road, and NOT has not been delisted in the past (to my knowledge) so by all rationale they shouldn't. Happy Thanksgiving to you guys as well

[wheelsonthebuss]

No problem traderguy - we all wonder the same at times - its the chance we take in this investment - the alternative is to not invest in NOT and you know what happens then - should of ,... could of,.... frickin why didn't I have shares ( which by the way @ 29cents I plan to buy more crazy as that sounds )  ......... GO NOT GO....................... and your not the only one thats a LONG

[surveyor2582]

Happy Thanksgiving Everyone.

[goodheart-r]

Noront has said they will build the nickel mine first but remember that cliffs had a deal with Ontario that noront should be able to have Ontario commit to also. That deal was that even before a chromite smelter is built that the chromite being close to surface would be aloud to be surface mined and trucked south to a rail and then shipped as lump ore to be sold to overseas. (China) (Europe). That