Agoracom: Small Cap Investment - Noront Resources - Re: Roads, winter or all season

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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Re: Roads, winter or all season

96klite

Jul 09, 2008 05:35PM

Dayreaper

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Re: Roads, winter or all season

posted on Jul 10, 2008 12:37AM

To give a comparison, I work in the oilpatch in Northern BC, and recall one company running 120KM of high grade through the swamp, to a new area, and the budget for this was $11M...

$11M... That was a few years ago in similar terrain, so double it for now adays, and double it again for worst case scenario.

You are still talking less than $50m, to get to $2B worth of resource.

Do the Math...

GLTAL.

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