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: rcf loan extended another month...?????
5
Nov 01, 2019 02:25PM

I have to ask myself, "Why is it that making such a simple decision, such as extending the RCF loan, now has become so difficult for Noront?"  It was never a difficult decision in the past. But now... After countless years, and a full month to decide whether or not to extend the loan.... Another 6 months, a year, two years.... They all of a sudden think they have another choice. ???? Surely, RCF would just love to extend this loan, and fleece Noront for another 10 to 20 million shares; easily.  So why is it now that Noront has finally grown a backbone?  Is there something, or someone, coming to save us? OR At the very least give us the capital to pay RCF back?  Is the stock destined to move forward soon because the Ontario Government sees what can be gained, or lost, if they don't act quickly this time round when it comes to providing the necessary funding....?????

My answer:  I don't know.  But I will say this...The whole thing is strange, because it doesn't follow the script Noront has been reading from all this time.  RCF is now being gracious..???..What gives?  This does not make sense.  Neither does the extension of the loan for another month.  Is something special going to happen over the next month?  Is there something Noront is waiting for that will determine whether they continue with the loan or not?  Have they gained some sort of special powers? Again....All very strange.  

Well....All I know is that this does not follow the Noront I know, or have known all these years.... And for the moment....I LIKE IT.

GLTA,

TM.

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