Just a couple quick comments on some of your comments on Selkirk's points...
Selkirk owns NOT shares, knows miners in Canada & knows how the general public views happenings in the stock market and he just doesn't think this news will get new investor to buy in on news of chromium at this time (the sp is prove of that). I wouldn't have had the knowledge or confidence to stay long with the decline in the SP, if I didn't read this board. (not all share holders or investors know about this board) And I would not of understood the NR or the value that chromium brings to our table of goods, without reading post on this board. Which I appreciate and glad this chat room exist for those of us a little less knowledgeable & for those who are very knowledgeable in the mining business.
The fact that Noront has rich chromium deposits does not negate the fact that they ALSO have rich nickel/copper/pgm deposits. It may well be a geological indication that more rich pgm deposits are to come.
Also, since Noront has $50,000,000 in the bank, they will not have to look for more financing for some time to come. I do not see the chromium deposits as a dilution issue - in fact, this seems backward to me; the chromium deposits ADD value.
And I believe the chances of Noront hitting more significant nickel/copper/pgm deposits over the next few months are very high. Eagle Two ALONE holds excellent promise!
Best regards,
"if they have to raise money telling the Chromium story, .....will dillute existing shareholders, since they will have to issue stock when it is low.... "
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