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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Message: Re: Noront cash-Strato
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Icon president PC`s strategy to create jobs and economic opportunities.
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Babjak1
Feb 07, 2014 04:54PM
Re: PC`s strategy to create jobs and economic opportunities.
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Stratopod
Feb 07, 2014 07:07PM
Re: PC`s strategy to create jobs and economic opportunities.
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Fossil
Feb 07, 2014 08:23PM
Icon president Noront cash-Strato
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Babjak1
Feb 08, 2014 10:32AM

As per the financial statement available on Sedar..as of Oct. 31, 2013 ....under cash and cash equivalents...Noront shows $15,740,155.00

Good morning Babjak1 ........You state correctly that Noront burned some money since

Oct31/13 , I can only add that $1.2 million received for sale of 10 Million shares of EAG

was not included in Oct31 qurter but it will show in Dec31/13 report.

Also the Oct31 financial statement showed tax credit of over 1.5 million. What is not clear

to me is if that is something like " Non refundable tax credit" that can only be applied

against future tax liability or will Noront receive that money at some point?

GLTY and all

Fossiol

P.S. Keep up the diligent work that benefits our forum greatly.

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djje
Feb 08, 2014 11:33AM
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