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Bullboard - Stock Discussion Forum 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... see more

OTCPK:NOSOF - Post Discussion

Noront Resources Ltd. > Next Year Wheels $$$$$$$$$$$$$
View:
Post by surveyor2582 on Nov 28, 2019 2:46pm

Next Year Wheels $$$$$$$$$$$$$

Matawa Chiefs – “Matawa member First Nations will lead and deliver the next economic boom of this province” – by Staff (NetNewsLedger.com – November 26, 2019)

https://www.netnewsledger.com/

THUNDER BAY – “Matawa member First Nations will lead and deliver the next economic boom of this province. Equitable partnerships between Matawa First Nations-Government-Industry will result in investment opportunities on a national and international scale. Matawa First Nations are the partners and investors of certainty required for economic and social prosperity,” says Chief Harvey Yesno, Eabametoong First Nation.

“Matawa First Nations are fully aware of the potential impacts to our Inherent Aboriginal and Treaty Rights with the anticipated significant developments that will occur on our homelands. In today’s environment, it would be absurd and negligent for our communities not to call on the Ontario government to develop a new Crown-Inherent Aboriginal Rights-Treaty approach to develop the North,” states Chief Celia Echum, Ginoogaming First Nation.

The Chiefs of the Matawa First Nations (MFN) presented to the Ontario Standing Committee on General Government (SC-GG) regarding Bill 132, also known as ‘An Act to reduce burdens on people and businesses by enacting, amending and repealing various Act and revoking various Regulations’ tabled on Monday, October 28, 2019 by the Hon. Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction.

On November 6, 2019, MFN issued its Statement on Hidden Mining Act Provisions in the Proposed ‘Better for People, Smarter for Business Act‘ saying that the proposed bill was deeply problematic for them.

The presentation to the SC-GG was made by Chief Harvey Yesno of Eabametoong First Nation, Chief Celia Echum of Ginoogaming First Nation and Chief Veronica Waboose of Long Lake #58 First Nation on behalf of the Matawa Chiefs Council (the presentation is available upon request or can be downloaded on the Legislative Assembly of Ontario website). The presentation was further to the MFN statement made on November 6, 2019, and included these main points:

For the rest of this article/news release: https://www.netnewsledger.com/2019/11/26/matawa-chiefs-matawa-member-first-nations-will-lead-and-deliver-the-next-economic-boom-of-this-province/

Comment by wheelsonthebuss on Nov 29, 2019 10:33am
thanks surveyor - what we were all hoping for I'm sure - GO NOT GO 
Comment by lou64 on Nov 29, 2019 8:35pm
OH NO !!  : ( did I’d say that Noront wasn’t worth any more then 15 cents ... Both sides of the border are protesting Noront’s smelter / RCF has Coutts backed into a corner / Marten Falls hasn’t addressed the required Feds request  tic TOC tic TOC ... Noront running on borrowed time and continues to make poor decisions 
Comment by rob1237 on Dec 01, 2019 9:27pm
One wonders if this is a going concern. At 15 cents raising  Money is highly dilutive and extending their debt repayments 4 times or so is not very encouraging. Then theres the news paper articles mentioning that non of this will ever be profitable....and no road nothing has been done to date except talk. Nighhtmare.  390 mil shares so far and counting.  ...  
Comment by wheelsonthebuss on Dec 03, 2019 10:38am
take it easy rob - The Company is currently in the process of negotiating a longer-term extension with RCF that is envisioned to be completed prior to the termination date of this extension.   GO NOT GO 
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