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Gold/Mining/Energy : Noront Resources (NOT VSE)

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To: Phil Cressman who wrote (32)2/20/1998 3:06:00 PM
From: Phil Cressman  Read Replies (1) of 128
 
Believe we'll have to wait until next week for the market to understand just what ALTO and Noront have uncovered. Suspect their might be just a bit of friction between them which resulted in the delay in the news release. This appears headed towards a mammoth find and 50/50 partners can find lots to squabble about when hundreds of millions of dollars could be in the pot.

I'm not a geologist but take a look at Hole 5, 31 feet of an ounce/tonne or better. This sucker should be flying right now.

One would guess that they will now want to have the geologist tell them what they have to do to get the data to compile some resource calculations.

Right now all we have is guess work and Blue Sky Exploration comments which range as high as 20,000,000 oz in gold. Hey, it's a big deposit and they are hitting gold in every hole!

IMO we could have an enormous potential here, Noront tied up neighbouring claims for a good reason. I have absolutely no inside information but relying on drill results today and the extremely low stock price I personally picked up another 50,000 shares this morning.
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