Re: Noront Resources Ltd. Announces Closing of Private Placement

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Polylabel

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Re: Noront Resources Ltd. Announces Closing of Private Placement

posted on Feb 07, 2008 06:11AM

Pinetree Financial has quite a stake in Noront as well as others in the 'Ring of Fire'. Must be approaching the maximum percentage of Noront they can hold.

Pinetree have been hammered far harder than Noront and it is one great endorsement for Noront that they are back at the table adding more. They may have more to gain from sucess in the Ring of Fire than just about single investor.

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