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)

Free
Message: Noront Resources Appoints New Director and Issues Stock Based Compensation and Interest Shares

We can only hope that getting ourselves a well-seasoned CFO means that soon we will soon be in a position to actively search for an institution to loan us the money for a mine; Eagle's Nest. This maybe a good tell to us shareholders that our next FS will be impressive enough for all to take notice, and seriously consider getting that road to the Ring on the move; FN / Government.  Why else would Noront take on another mouth to feed, unless they were in need of someone to crunch the numbers, open up large investment dialogue, and/or secure money with major financial institutions.

Till now, Noront has had no need for a CFO in my opinion, because it doesn't take one to figure out salaries, and quarterly loan payments in shares...and other leasing, promoting, blah, blah, blah....Simple business expenses. BUT....When your talking about setting up a 600 million + loan for a mine you'd better make sure you have the right person for the job...Hence, the new CFO.

However, this guy does have a certain shine to him...A diamond shine... Could it be that we've drilled into something a little more interesting....Hmmm...I doubt it....But it is entertaining and additional food for thought :)

TM.

Share
New Message
Please login to post a reply