Agoracom: Small Cap Investment - Noront Resources - Prof Naldrett speaks to Friedland in "The Big score"

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)

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Francis Dube

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Prof Naldrett speaks to Friedland in "The Big score"

posted on Feb 15, 2008 06:13AM

This conversation from page 209 is after the Ovoid is discovered but before the 2 Nickel body has been found.

"After a brief discussion of technical findings that suggested the potential for more zones of ore, Naldrett pulled a cutting board, knife and some salami from his briefcase and sliced off a wedge of meat. Pointing with his knife to lumps of white fat in the slice, he explained that the fat represented ore that was housed in a sheet of igneous rock at Voisey's Bay. There's more ore here, he said, pointing to the other lumps of fat. You have to chase down this sheet of salami to keep drilling for more zones of ore"

Prof Naldrett, world reknown geologist from the University of Toronto was deriving this story from the fact that you cannot get 4% nickel in a one rock wonder. Concentrations this high of nickel imply large systems of magma. What do you think our story should be since we have close to 8% nickel? What conclusion can you draw from this? Everyone here knows how I feel about this stock and this is one of the main reason. Of course, everyone needs draw their own conclusion.