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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Message: odd

Re: odd

in response to by
posted on Jun 28, 2008 05:39AM

I'm with you in that it is very odd FWR didn't put out news. Now maybe they are waiting for a report from the on site Geologist so a more substantial report can be put out.

Of course you do expect to find Gold in a Gold Mine so the general market wasn't too excited. Perhaps if would have been far better if Noront could have had a Geologist comment on what the size of visible gold found might indicate.

Right now Noront is moving asap to drive East/West audits into the F17 zone and while assays will take time it's possible they could report on widths and lenght of mineralized body fairly quickly. Maybe that's what the Market wants to see before recognizing value there?

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