Noront Resources (CVE:NOT)

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Company: Noront Resources (CVE:NOT)
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  Eagle One resource upgrade possible in 2009

Noront published recently an exploration update and the results indicate a tripling of the known depth extension of the deposit.

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  Prices for chromite ore are recovering

Noront has significant chromite discoveries. The price for ferrochrome is currently recovering from the 2008 crisis. Ferrochrome is required to make stainless and other alloyed steel.

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  Soaring share price

Something is going on here. Gains of 40-50% in 2 subsequent sessions.

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