Please be careful in stating or commenting on Gross Metal Values which I assume is 'insitu' mineralization value. There are good reasons why the Toronto Stock Exchange will not permit companies to use or publish such 'numbers'.

First is they aren't necessarily a true picture of the economic worth of deposits. You can have 10 billion dollars of resources found but if it costs 12 billion to get them out there is no value there.

It is very premature to put values on 'ROF' deposits and use them to calculate potential 'market capitalization' of Noront. Too many variables still to be nailed down.

Noront in this current poor market for 'exploration companies' is trading at one hell of a discount to what reasonable extimates of deposits identified are worth, likely 30% in my opinion. To trade at a 'premium' to those 'slam dunk' absolutely sure of deposits we need both the finalized and expanded upon 43-101 and the excitement generated by something 'big'. Then $10 and up share price will come, maybe in conjunction with return of interest in mining sector.