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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Noront and TSE listing

Quite a lucid statement of how TSE and AMEX listing would help bring more investors into Noront and maybe raise the share price.

However I'm not sure I see what it does for Noront as a company? Yes it confers a certain status but what does it add to the bottom line? Noront doesn't need to raise cash and likely will not do any private placement since they have enough cash to see through until a deal for all or part of the company is made with a major mining concern.

So should Noront just sit back and concentrate on how best to see through exploration and development for the next year or two? It's certainly to the benefit of those 'long' investors who have no intention of day trading or flipping their shares. If Noront does a deal it will be at a share price many time higher than current and so what if in the meantime share price sits around not doing much.

All a TSE and AMEX deal could do is perhaps raise the volume of trading and market valuation by a bit. Nice for shareholders willing to trade but unless it actually does something good for Noront as a company I can't see it being done.

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