Re: way to protect noront shareholders
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HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: Re: way to protect noront shareholders
Great Post. Now that it will be necessary to have a major this could be huge if RN doesn't already understand this. I approached it a little differently and I like your way better. I enclosed an E mail I sent to Noront that was answered by RN himself!!!
| From: | "Noront Resources" <info@norontresources.com>  Add to Address Book  Add Mobile Alert
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| To: | "wally edwards" <wallymelinda@yahoo.com> |
| Subject: | Re: Recourse vs non recourse loans |
| Date: | Tue, 2 Oct 2007 15:07:12 -0400 |
Thank you for your email. No loans are in place whatsoever for Noront, cash in hand R. Nemis ----- Original Message ----- From: "wally edwards" <wallymelinda@yahoo.com> To: <info@norontresources.com> Sent: Friday, September 28, 2007 4:02 PM Subject: Recourse vs non recourse loans > Dear Chairman of the Audit Committee of the board of Directors, > > I want to know if Norant Resources has any project development loan > negotiated for any project with any major who is your partner, that was > recourse to all and every asset of the major or non recourse to all and > every > asset of the major, but only recourse to the development specifically. > > Sincerely, > > H.W. Edwards > Shareholder > > >
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