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CVE:NOT

1.08
0.00 (0.00%) 1d
0
Showing 1 to 15 of 26 entries
DON'T BUY
They've been around for a while and own a lot of the Ring of Fire's nickel deposits. Ontario was supposed to open infrastructure so these deposits would get mined. It's a government and infrastructure play. But NOT has a lot of debt, with no cash flow. Government involvement can work out long-term.
precious metals
COMMENT
Great management team and good geological potential. Ontario taxpayers will subsidize the company by building a road to the Ring of Fire--finally after 20 years. A deal has been struck between NOT-X and the indigenous people up there. NOT has done a great job up there.
precious metals
DON'T BUY

They made a chromium discovery, but first nations’ opposition to development forced them to give up. The nickel price is still kind of weak and they are still trying to overcome the opposition. The warm winter this year has made exploration difficult in this area. Longer term, a chromium mine here would serve all of North America.

precious metals
WATCH

Should it be an east/west or north/south way. The government is slow in putting in the infrastructure. He does not know when. Cliff Resources walked away from it.

precious metals
COMMENT

Potential nickel and chromium in Northern Ontario. Chromium is a lesser metal in a really small market. The oil market is enormous, copper market is huge, and once you start getting into these other things, it can become obscure really quickly. This one is really all about infrastructure, and it all makes sense, but nothing seems to be happening.

precious metals
PAST TOP PICK

(Top Pick Mar 24/15, Down 25.77%) Huge, high quality resources. Some day the government is going to finance it. He is going to continue to hold.

precious metals
WATCH

The ring of fire will be years in the making. Certainly they do have a lot of potential. When you can buy a potential future asset that could be worth mega millions for $20 million, well that’s what Benj likes to do. They won’t have earnings right away and people will jump at it. He doesn’t not buy into companies without revenues.

precious metals
TOP PICK

He has been in it for a long time. It is the only minable deposit of chromite in North America.

precious metals
COMMENT

Has been around a long time. Got new management a couple of years ago. He would call this a “stranded” project. Anybody who follows the Ring of Fire and the great promise that is there knows there are a lot of words, but not much action.

precious metals
COMMENT

This is going to take a while for their operations which are in the ring of fire (northern Ontario and James Bay areas). The one positive is that Cliffs Natural Resources (CLF-N) got into the space through Spider (?) and had a lot of ambition in terms of building this new area out, as well as with the Ontario government. Things seem to have stalled.

precious metals
HOLD

(Market Call Minute) Large chromite deposit in James Bay is years away from production.

precious metals
DON'T BUY
Has a minable resource. Real problem is who is going to develop it and how much is it going to cost. No one needs this kind of asset right now so this ends up as a wildcard kind of investment.
precious metals
PARTIAL BUY
(Market Call Minute.) Buy a partial position at these levels. Has a good growing resource and certainly attracts a lot of attention.
precious metals
DON'T BUY
He doesn't buy into the Venture exchange because it is too wild West for him so this is not of any interest to him. He also doesn't like companies that have no earnings based on what they do. They never have any positive earnings.
precious metals
BUY
Have some good indications that the zones go deeper than before and the grades are pretty good. New management team and getting good support and is getting noticed.
precious metals
Showing 1 to 15 of 26 entries

Noront Resources Ltd.(NOT-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Noront Resources Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Noront Resources Ltd.(NOT-X) Frequently Asked Questions

What is Noront Resources Ltd. stock symbol?

Noront Resources Ltd. is a Canadian stock, trading under the symbol NOT-X on the TSX Venture Exchange (NOT-CV). It is usually referred to as TSXV:NOT or NOT-X

Is Noront Resources Ltd. a buy or a sell?

In the last year, there was no coverage of Noront Resources Ltd. published on Stockchase.

Is Noront Resources Ltd. a good investment or a top pick?

Noront Resources Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Noront Resources Ltd..

Why is Noront Resources Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Noront Resources Ltd. worth watching?

0 stock analysts on Stockchase covered Noront Resources Ltd. In the last year. It is a trending stock that is worth watching.

What is Noront Resources Ltd. stock price?

On 2022-01-26, Noront Resources Ltd. (NOT-X) stock closed at a price of $1.08.