Agoracom: Small Cap Investment - Noront Resources - Somewhat remote - but interesting while waiting for solid News on NOT's side

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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BarbuBeatnik

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Somewhat remote - but interesting while waiting for solid News on NOT's side

posted on Jul 24, 2015 04:33PM

From Stockwatch...

"Ned Goodman has resigned from Barrick's board to focus on a new business in resources and other hard assets. He and Sean Roosen are trying to combine five junior gold explorers into one cash-rich company that would carry on as Oban Mining Corp. (OBM: $0.085). After the amalgamation, Mr. Goodman and Mr. Roosen will become co-chairmen. Oban will have $65-million in cash and it aims to have two gold projects: Windfall Lake in Quebec and Whitney in Ontario. Acquiring Whitney, however, might prove more difficult after last week. The project's owner, Temex Resources Corp. (TME: $0.105), has received a competing takeover offer from Lake Shore Gold Corp. (LSG: $1.10). Lake Shore has offered 13 cents a Temex share, while Oban has offered only six cents. It has until July 30 to match Lake Shore's bid."