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 Announces Ammended Debt Arrangements With Resource Capital Fund V

Royalty Purchase Agreement is 1% of the net smelter returns on Eagle's for 2.5 million $s. That in itself is well under priced imho.
In 30 months (=2.5 years) 0.5% = 3.125 million $s ( equivalent to 6.25 million $s for 1% or 2.5 times greater than original, Wow!

No one sees something wrong here? What an investment! I am surprised with the agreement and it's acceptance from this forum.

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