Agoracom: Small Cap Investment - Noront Resources - Re: What if Rosseau plan fails??

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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What if Rosseau plan fails??

Dutchmen

Oct 09, 2008 08:55AM

rosehill

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Re: What if Rosseau plan fails??

in response to

What if Rosseau plan fails??

Dutchmen

posted on Oct 09, 2008 09:03AM

They have the power to keep the price down if they lose ore win. I they lose they would allow the price to rise and sell in a controlled fashion. This action would be in their best interest. Remember, they were forced to sell earlier this year at a great loss and it’s not what they wanted to do.