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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: ...Renforth Res. JV update!!!!

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Re: Value of JV's

in response to Re: Value of JV's by scotchpipe

posted on Feb 02, 08 08:04AM

It's unlikely Noront will be the 'sugar daddy' to many area players unless a major mining company decides that is a clever move and puts huge cash into Noront.

It's possible because at the moment Noront is the only player with the kind of drill results to warrant a major wanting in at this early stage of exploration.

Juniors are always running low on cash and have to go to the well and dilute ownership. They end up paying more for the cash than bigger companies do so a way of gaining acess to a 'Noront Fund' could have appeal even if some control has to be ceeded.

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Blue Quartz Property surrounded by numerous past and presently productive gold mines
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