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: Discounting our Chromite - tau
16
Sep 30, 2008 05:27PM
1
tau
Sep 30, 2008 05:53PM

In addition to being the lowest cost producer Noront Resources has two other potential advantages that can work to their Benefit.

1. They would be in very close proximity to two very considerable Markets. The North American Market and the Northern and Western European Market.

2. Both Countries and Steel Companies in these two Markets, as well as in other Markets would like to NOT be dependant on a single Supplier, and also would NOT like being dependant on Suppliers in Politically difficult and/or Infrastructure costly/challenged parts og the Globe.

Both thaes are but additional TRUMP Cards in Noront Resources very generously stacked Deck.

Makes funding a challenge to those who will vive for the right to supply the Development Funding. The Funding Sources are thus very broad and with very deep pockets.

Old Joe

1
Sep 30, 2008 06:52PM
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