"Noront now owns 63 per cent of the Ring of Fire with their new purchase. What if Noront sold half of their claims to the Matawa Tribal Council for $50-million?"
Not a good idea.....last thing Noront needs is to create competition by selling off claims; rather, they should be forming partnerships by giving a % stake in certain claims and/or rolalties....along with job guarantees and access to critical infrastructure.
Furthermore...what ever happened to Bob Rae? It's like we're back to dealing with various FN groups independantly....rather than one voice for all.
Any suggestion of doing for one group without consideration for other area FN groups will be met with headwinds.
I've always believed that consolidation is key; so certainly Noront is heading in the right direction. Further consolidation with KWG is expected now...then perhaps Probe and BMK......then deals could be made on the whole consolidated chrome assets in the ring.