Agoracom: Small Cap Investment - Noront Resources - Options

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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Canseco

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Options - Joeybelltrolley/Dolp...

posted on Apr 20, 2009 09:33AM

Joey, two items.

First, I think you have missed Dolphin's point. He/she is saying that even if a company has substantial reserves of a mineral (nickel), as Inco did back in the nineties, they would still be interested in securing more. I do not think Dolphin was comparing the ROF nickel to Voisey's Bay. The comparison may be valid in the future, however.

Secondly, while the market may not "get it" yet, the chrome is the story at the ROF now. IMHO, and in the opinion of some knowledgeable people, the value of the chrome at the ROF will far surpass that of Voisey's nickel.

Canseco

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