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: New CEO?

Re: New CEO?

in response to by
posted on Mar 03, 2009 05:01PM

Yes it would be nice but frankly impossible to obtain someone at that level with those credentials. Noront could not offer enough incentive to someone at that level.

There are good people with excellent background who would take Noront to a new level but they aren't going to be easy to find and getting them to take on such an early stage exploration concern won't be easy.

Guess we'll hear something fairly soon if rumours are true and Noront offers a deal involving control as well as responsibilities. That's the tough hurdle as the BoD will have to give the new CEO decision making authority and I wonder if the institutional investors are willing to do so?

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