Agoracom: Small Cap Investment - Noront Resources - Anyone else think this is a little steep?

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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While we wait for the Resource Estimate Technical Report

Milsy1

Aug 13, 2008 01:12PM

Re: While we wait for the Resource Estimate Technical Report

hoov

Aug 13, 2008 01:19PM

Re: While we wait for the Resource Estimate Technical Report

TooHotToHandle

Aug 13, 2008 03:07PM

Re: While we wait for the Resource Estimate Technical Report

rago1

Aug 13, 2008 04:44PM

Sum4All

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Anyone else think this is a little steep?

in response to

While we wait for the Resource Estimate Technical Report

Milsy1

posted on Aug 13, 2008 06:29PM

"This would suggest that shipping costs for the ore equal 33% of the GMV? As an example, this would suggest that it would cost $772.70 to ship each tonne of indicated massive unprocessed ore. Anyone else think this is a little steep?"