Agoracom: Small Cap Investment - Noront Resources

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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alterNate

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The 14% was a flawed result

posted on Apr 14, 2022 12:02AM

I can see now that the instruction options for retention most likely were opposite of what one would initially think.

I had instructed a 40/60 split and so far only paid the ratio for retention, which was opposite the ratio of what was instructed.

i think the OSC dropped the ball on this one. The REAL retention tally was probably closer to 86% not 14%.

I remember someone had posted on here before the deadline that their broker warned them of this interpretation flip. I didn't think much of it at the time but I believe that broker was correct now.