Agoracom: Small Cap Investment - Noront Resources

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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cappysmart

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How does a major...?

posted on Apr 15, 2008 08:32PM

How can a major deal with 10 or more independent juniors who each may have "pods" of varying grades and compositions? They make an offer to purchase each pod separately.After a 43-101 is completed they'll have a pretty good idea of how much they are ready to pay for that deposit.I'm sure that they'll want to get ownership ASAP as the prices of the metals don't appear to be dropping now or anytime soon. NOT's 43-101 on DE1 may quite possibly be complete or near enough to negotiate a deal now.Sell DE1 and drill up another one.Comments.

cs.

3 Recommendations

Re: How does a major...?

glorieux

Apr 15, 2008 08:38PM

Re: How does a major...?

cappysmart

Apr 15, 2008 08:49PM

Re: How does a major...?

ktnjones

Apr 15, 2008 09:55PM

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