Re: Eagle and Noront

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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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Edgy

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Re: Eagle and Noront

in response to

Re: Eagle and Noront

B-Jay

posted on Oct 01, 2012 04:18PM

Do not apologize B-Jay, I only expressed my view because I suspect many here of of same opinion, i.e. mizery loves company.
What EAG ment is:

< Quantity ('000 tonnes) Grade Gold (g/t) Contained Gold (ounces)
Indicated 1,665 10.05 538,000
Inferred 2,906 8.76 822,000>

By any measure a great resource if not in quantity then much compensated by quality. Quality means large profits on investment.
Shame on Noront that we let it go.
Any wonder why some of our former investors have left Noront because of such decisions.