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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Now that Noront has money in their so-called war chest, after the sale of their portion of Windfall, there rises some question as to what they are to do with it.

1.Drill more holes in both the nickel and chromite fields to find the depth of the minerals and total area that they possess.

2. Do some exploratory drilling in the other areas of the properties they own in the ROF for more mineralization.

3. Buy back some of the existing and outstanding shares ,ergo boosting the selling price of their/our shares.

As it is, as someone said, "they have 20 million in cash" to use or are they just pour it into the feeding trough?

DRS

KYSOTI

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Aug 19, 2013 11:59AM
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