Re: NEWS - Hard to split what you don't own - Easy if you do!
in response to
by
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: NEWS - Noront Receives Analytical Results Eagle One Deposit - 6.88% nickel, 5.05% copper, 2.53 g/t platinum, 14.07 g/t palladium, 0.39 g/t gold and 15.1 g/t silver over 10.6 metres
Jonboy,
Lest the readers of this forum misconstrue your meaning, Noront in fact does own 100% of the Windfall property as shown from this bit taken directly from their site:
"Location:
Chibougamau Mining District in Urban Township (Abitibi Region), Quebec
Minerals:
Gold
Summary:
This project currently covers two adjacent claim blocks (1,440 hectares) of which Noront holds a 100% interest."
To the extent that Noront is cooperating with the area plays, it is simply to take a running start at the ramp that will take us to the vein that has been discovered entirely on the 100% owned Noront property.
Should Mangagement choose to split (and I am fully content to leave that decision to them) this would be easily done.
Hope that clarifies.
Sleeping peacefully on today's news...
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
Wake me up at $20.00
crazydik
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