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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: Re: M & A possibilities
14
Sep 23, 2008 10:23AM
14
Sep 23, 2008 10:41AM

This to me signals that Noront, with its dominant position in the ROF can keep increasing its share of the vast land as the smaller players will be forced to make a deal once capital runs low. Another reason for NOT to be fiscally conservative and only have 4 drills when they would rather have 15.

Glorieux

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