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: Re: Hatch
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Nov 27, 2019 03:58PM

On Sept 20, our share price was .24; it is now .15.  Currently, Noront is attempting to negociate a loan which is coming due within days.  And....we should not focus on the share price?  Really.

In the article you refer to...often, the article refers to Hatch being an equity partner.  What are the terms of that equity arrangement?  I don't see any terms.

Then we have these quotes:

“This is truly a ‘made in Ontario’ collaboration on one of the most economically and socially important projects our province has seen.”

"The Ring of Fire is set to become the next great mining district in Ontario and will create prosperity and opportunity for generations to come."

"The company’s first project is a 100 percent-owned, high-grade, nickel, copper, and platinum group element deposit called Eagle’s Nest. It is the largest high-grade nickel discovery in Canada since Voisey’s Bay and the most advanced project in the Ring of Fire. Following closely behind Eagle’s Nest will be the development of the nearby Blackbird chromite mine and a ferrochrome production facility at Algoma in Sault Ste. Marie."

So...you have to wonder; why were we at .24 on Sept 20...and at .15 today?  Answer that one, and you will discover why people here are concerned.

From my point of view....it's due to incompetent management, obstructionist FN, and do nothing governments.....with a sprinkle of dishonesty and corruption.

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