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Gold/Mining/Energy : NORONT
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From: james flannigan1/16/2008 9:15:08 AM
   of 23
 
Another Noront mention in todays Globe&Mail:

Rob McEwen:

MacDonald Mines

Exploration Ltd.

Noted gold bug Rob McEwen, who made his name with Goldcorp Inc., recently raised some eyebrows with the purchase of shares in TSX Venture stock MacDonald Mines Exploration Ltd. - perhaps less for the company itself than for the other investors who came along for the ride.

In October, Mr. McEwen bought into the junior mining firm along with former Barrick Gold boss Randall Oliphant; Franco-Nevada Corp. chairman and long-time Schulich partner Pierre Lassonde; and investment firm Pinetree Capital. Mr. McEwen took up additional shares in early November, raising his stake to 14.4 per cent.

MacDonald holds substantial land claims in the James Bay area of Northern Ontario, near where Noront Resources revealed last fall what could be a major nickel-copper discovery.
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