Agoracom: Small Cap Investment - Noront Resources - Too many unanswered questions

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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SS76

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Too many unanswered questions - appears big hurdles

posted on Apr 16, 2015 01:05PM

From Lou on the KWG board (I'll condense):

- KWG Shares owned by Cliffs cannot be transferred without KWG consent over change of ownership as outlined in the original agreement. KWG was not versed on the sale nor did they grant consent.

- The J/V between KWG and Cliffs needed consent by KWG in order for any new entity to acquire the Chromite Assets KWG in involved with.

- Cap & Trade system will increase costs for Noront and makes the N/S KWG route even more attractive for Rail or Slurry.

Any opinions on this? Seems like KWG and FN will be the big winners here forcing Noront to give away the farm based on the deal they signed with Franco Nevada.