Agoracom: Small Cap Investment - Noront Resources - Re: A century of chromite resources. Below 1600m comment

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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A century of chromite resources. Wow!

wanaberich

Feb 06, 2018 11:46PM

Re: A century of chromite resources. Wow!-wannaberich-er

Ringer

Feb 07, 2018 08:09AM

Re: A century of resources?

Edgy

Feb 07, 2018 11:25AM

Re: A century of chromite resources. Below 1600m comment

Tin Man

Feb 07, 2018 11:52AM

Re: A century of chromite resources. Below 1600m comment

BigD70

Feb 07, 2018 03:20PM

Edgy

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Re: A century of chromite resources. Below 1600m comment

in response to

Re: A century of chromite resources. Below 1600m comment

Tin Man

posted on Feb 08, 2018 10:42AM

TM: 'Why stop at 1600 when they planned to go to 2500?'
I am sure that they are as sure as me that the resource continues on to much greater depths, so why stop?
Because they are SURE so no need to verify it just now. More so drilling costs go up with depth, so why continue when it is not needed just now. The resource can wait because it will not disapper while we wait.
I doubt the 2500 was cast in concrete and am surprised that they went to 1600.
There are more immediate needs on which to spend the company's dollars.
Summing: I am pleased with company actions, Ed.

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