Agoracom: Small Cap Investment - Noront Resources - Now I'm weak in this department so bear with me

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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quackaphobe

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Now I'm weak in this department so bear with me

posted on Nov 11, 2008 12:53PM

but isn't the complicated bit about the 80 cents options kind of a performance based set of criteria, that not only is dependent on the dismal TSX turning around, but that Noront has to EXCEED the gains of the exchange by 120% for the options to be granted?

I read it quickly, and don't want a repeat performance of my other blunders, but want to see what other more adept folks have to say.

I know no retailer will be thrilled with this, but if they have to WORK to get the SP up to get their cheap shares as a reward, it could be a win-win situation, or the best of a bad situation at any rate.

Hoping to hear some feedback...

JMO

8 Recommendations

Outrageous

franzneumann

Nov 11, 2008 01:04PM

Re: Now I'm weak in this department so bear with me

denmack

Nov 11, 2008 01:30PM

Re: Now I'm weak in this department so bear with me

quackaphobe

Nov 11, 2008 01:43PM