#RingOfFire (#RoF) News – June 13, 2019

• “The Letter The Sault Star Didn’t Want To Publish … Noront Resources promises that this proposed ferrochrome production facility will have the capability to capture and remove its hexavalent chromium. We need to come to better understand how that will work and the risks associated with the process. We will need a rigorous environmental assessment to ensure that hexavalent chromium will not contaminate our environment, our groundwater and our drinking water …” (SaultOnline.com) – Peter Chow letter on Facebook

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• Letter to the editor from writer in Yukon:“… The proposed Ring of Fire chromite mines in Northern Ontario should not proceed. The James Bay lowlands is one of the last intact ecosystems on Earth and thus should be preserved in its entirety. This vast area of rivers, lakes and forest is Ontario’s Serengeti, not Ontario’s tar sands. The lowlands are a boreal paradise — a world-class wilderness in our back yard. It is an ecological wonder as yet virtually untouched by humans, where wolves, bear, caribou, sturgeon, eagles and a vast array of other species still live in dynamic balance. These mines promise only low-level and temporary jobs to Aboriginal people, as the Attawapiskat Cree found out the hard way after they welcomed the De Beer’s diamond mine …” (Sudbury Star)

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• “KWG Resources Announces Final Tranche of Convertible Debenture Placement — KWG Resources Inc. has applied for Canadian Securities Exchange approval for the private placement of a final tranche of $3,147,444 of debentures convertible at the option of KWG into units with a deemed value of $21 per unit …” (company news release)

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• “Noront Resources Ltd Dips Lower -5.43% Over the Last 4 Weeks” (13 June 2019)
• “KWG Resources Shares Down 50%” (12 June 2019)
• “KWG Resources Trading Down 50%” (10 June 2019)
• “KWG Resources Sets New 1-Year Low at $0.01” (7 June 2019)
• “Noront Resources Ltd Limping -17.24% For the Quarter” (7 June 2019)
• “KWG Resources Sets New 12-Month Low at $0.01” (12 June 2019)

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Filed under: Uncategorized

#RingOfFire (#RoF) News – June 7, 2019

• “Noront Resources and Aroland First Nation Sign Memorandum of Understanding — Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture: NOT) and Aroland First Nation are pleased to announce the signing of a Memorandum of Understanding (MOU) between the two parties to advance the planning process for the development of the Eagle’s Nest nickel-copper-platinum-palladium deposit in the Ring of Fire …” (company news release)
• “Noront Resources shares perk up with First Nation agreement to advance planning at Eagle’s Nest project” (proactiveinvestors.co.uk)
• “Noront and Aroland First Nation to work together on nickel mine in Ontario” (MINING.com)
• “Ring of Fire developer brings First Nation into the fold” (Northern Ontario Business)
• “Noront Resources signs MOU with Aroland First Nation to advance planning of Ring of Fire” (cbc.ca)
• “Noront signs MOU as step towards developing Ring of Fire” (Timmins Daily Press)

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• Ontario Premier, NDP MPP & First Nation leaders meet to discuss RoF stuff (The Globe and Mail)

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• “Why developing Ontario’s Far North is risky business” (Toronto Star)

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• “KWG Resources (KWG) Reaches New 1-Year Low at $0.01” (5 June 2019)
• “The Noront Resources (NOT) Sets New 1-Year Low at $0.27” (30 May 2019)
• “KWG Resources (KWG) Hits New 1-Year Low at $0.01” (29 May 2019)
• “KWG Resources (KWG) Sets New 52-Week Low at $0.01” (27 May 2019)

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• “The Ministry of Energy, Northern Development and Mines has issued 10 exploration permits to Golden Share Resources for drilling targets within the Ogoki project and the Kagiami project, located in the Wabassi and Albany River area of the James Bay Lowlands …” (Canadian Mining Journal)

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Filed under: Uncategorized

#RingOfFire (#RoF) News – May 24, 2019

• “Sault should embrace ferrochrome plant, allow the process to unfold” (Bellville Intelligencer)
• “Sioux Lookout pushes for ‘Sault-to-Sioux’ access to Ring of Fire — A northwestern Ontario town, looking to get a piece of the Ring of Fire action, continues to call for the revival of an east-west access road. Sioux Lookout wants Ottawa and Queen’s Park to reconsider the forgotten east-west road proposal as the more environmentally responsible way to reach the mineral riches in the James Bay lowlands …” (SooToday.com)
• “Smelter bid using rail still possible — According to Timmins officials, they are not giving up yet on their bid to host a ferrochrome smelter in that city — a bid they say would include heavy dependence on Ontario Northland rail. When Noront Resources announced earlier this month it would build its ferrochrome smelter in Sault Ste. Marie instead of in Timmins, Mayor George Pirie emphasized that there is a lot of time to reverse that decision …” (My North Bay Now)

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• “(Ontario) Chamber (of Commerce) concerned Bill C-69 could impact ferrochrome facillity” (SooToday.com)
• “House Government Bill C-69 (42-1)” (LEGISinfo)

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• “Ring of Fire bungling jeopardizes Green prosperity for North” (Sudbury Star)

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• “The Northern Miner Podcast – episode 139: Indigenous People as ‘Resource Rulers’ in Canada – Bill Gallagher – part 2 … In this episode Bill covers several topics, including: the Peel River Watershed decision in the Yukon; Ring of Fire politics in Ontario; and international aspects of Indigenous land rights …” (The Northern Miner)

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• “So much for ‘austerity-light’ in Ontario … The government is seeking to restrict regulatory processes and other obstacles to resource development in the Ring of Fire chromite development project in Northern Ontario …” (Policy Options)

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• “UO Reading Underneath 40 for Noront Resources Ltd (NOT.V)” (24 May 2019)
• “Introducing KWG Resources (CNSX:KWG), The Stock That Tanked 85%” (24 May 2019)
• “KWG Resources (KWG) Reaches New 52-Week Low at $0.01” (23 May 2019)
• “KWG Resources (KWG) Shares Up 100%” (22 May 2019)
• “Noront Resources Ltd (NOSOF) Gordson Hollis Price Saturation Levels Take Spotlight” (21 May 2019)
• “What’s Ahead for NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) After Less Shorted Shares?” (19 May 2019)
• “Noront Resources Ltd (NOT.V) Shares Close Session Above PSAR” (18 May 2019)
• “Be careful Before to Invest: Noront Resources Ltd. (TSXV:NOT)” (18 May 2019)
• “Noront Resources Ltd (NOT.V) AO Signal Intensifying Over Past 5 Bars” (14 May 2019)

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Filed under: Uncategorized

#RingOfFire (#RoF) News – May 14, 2019

• “Noront expects ‘lengthy’ enviro permitting phase for ferrochrome plant” (miningweekly.com)
• “(North Bay Mayor Al) McDonald says too early to know how ONTC can benefit with Ring of Fire smelter going to the Sault” (MyNorthBayNow.com)
• “City should embrace ferrochrome plant and allow the process to unfold – Enough checks and balances are in place to protect the environment and the community’s health as a ferrochrome plant moves forward in Sault Ste. Marie, so let the process unfold, Sault Star reporter Elaine Della-Mattia says …”(Sault Star)
• “Getting support from First Nations for Soo smelter – Earlier this week city officials in Sault Ste. Marie celebrated being selected to be the host site of Noront Resources’ ferrochrome production facility. During the announcement, the city claimed it has the support of local First Nations, but according to one chief, that is not the case …” (CTV News)
• “Ring of Fire: Will Northern Ontario ever produce its own stainless steel? – Attendees ponder possibilities at Federation of Northern Ontario Municipalities conference …” (Sudbury.com)

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• “Timmins mayor on why he thinks Noront ferrochrome plant could still be at Kidd Met Site – When Noront Resources announced last Tuesday that it would build its ferrochrome smelter in Sault Ste. Marie instead of here in Timmins, Mayor George Pirie emphasized that there is a lot of time to reverse that decision …” (MyTimminsNow.com)

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• “What’s in it for Sioux Lookout?” (Northern Ontario Business)
• “Sioux Lookout Mayor – “Environmental Assessment on the East-West linkage overdue” ” (NetNewsLedger)
• “Ferrochrome refinery siting decision rekindles call for East-West access to the Ring of Fire” (City of Sioux Lookout news release)

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• “Kiiwetinoong MPP Sol Mamakwa says Ontario Premier Doug Ford may be missing a window of opportunity, when it comes to the Ring of Fire. “Why has the premier not responded and taken the time to meet with Matawa Chiefs on the Ring of Fire developments?” the member asked in Question Period. In response, the government says consultations with First Nations are an important part of their plans moving forward. Housing Minister Steve Clark said the province's housing supply action plan — or the made in Ontario environment plan — were created with First Nation consultations in mind …” (drydennow.com)
• “Why has the Premier not responded and not taken the time to meet with Matawa chiefs on the Ring of Fire development and the approach of including First Nations in decision-making in the north? …” (Ontario Legislature, Hansard, 8 May 2019)

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• “KWG Resources (KWG) Reaches New 1-Year Low at $0.01” (11 May 2019)

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Filed under: Uncategorized

#RingOfFire (#RoF) News – May 10, 2019

• “Momentum builds with Noront’s ferrochrome facility; community introduction to be made shortly — Noront Resources executives will return to Sault Ste. Marie in the coming weeks to meet the community and begin some high-level community engagement. Momentum is building although Mayor Christian Provenzano cautions that there is still a lot of work to be done and the build is still five years away …” (Sault Star)
• “Sault anticipating economic boost with smelter build” (Northern Ontario Business)
• “Finnish ferrochrome plant inspired Noront, Finland’s ambassador says” (SooToday.com)

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• “Noront CEO says company ‘has the chops’ to pull off Ring of Fire project — Timmins mayor vows to push for facility, though company wants to build in Sault Ste. Marie …” (cbc.ca)
• “Timmins could still host Noront chromite smelter, mayor says — George Pirie believes the scales could tip in Timmins' favour over the next six years…” (Sudbury.com)
• “Timmins mayor on smelter:’We’re still in the game’ “(MyNorthBayNow.com)

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• “(Batchewana First Nation) will ‘decide’ fate of ferrochrome facility bid: Chief — Batchewana First Nation Chief Dean Sayers says he’s ready and willing to have meaningful consultation with all parties about whether his government can support Noront Resources’s proposed ferrochrome facility in Sault Ste. Marie.  He says he’s willing to set the table and invite others who want to enter into “meaningful” dialogue and follow the “inherent right and jurisdiction” Batchewana will exercise during the quest to find common ground …”(Sault Star)
• “Batchewana First Nation – No Consultations on Noront Ferrochrome Processor Plant” (First Nation statement via NetNewsLedger.com)
• “Consent Not Garnered for Ferrochrome Facility” (FN statement via Wawa-news.com)

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• “KWG Resources (KWG) Sets New 1-Year Low at $0.01” (9 May 2019)

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Filed under: Uncategorized

#RingOfFire (#RoF) News – May 8, 2019

• “Noront Selects Sault Ste. Marie Site for Ferrochrome Production Facility” (company news release)
• “Noront Resources Announces Location of Ferrochrome Processing Plant” (Gov’t of Ontario news release)
• “Premier Ford Congratulates Noront Resources” (Gov’t of Ontario news release)
• “Sault Ste. Marie chosen by Noront Resources as host location for FPF” (SaultOnline.com)
• “Ring of Fire smelter to be built in Sault Ste. Marie” (CTV News)
• “Noront chooses Sault Ste. Marie for site of production facility” (Canadian Mining Journal)
• ” ‘The community earned this,’ Sault mayor says of ferrochrome facility” (Sudbury.com)
• “Ring of Fire smelter to be built in Sault Ste. Marie” (CTV News)
• “Everyone’s talking about today’s ferrochrome announcement” (SooToday.com)
• “Great Lakes port swayed Noront Resources in picking Sault for ferrochrome plant” (Northern Ontario Business)
• “Lots of work still remains on ferrochrome processing plant” (SooToday.com)

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• “Noront picks Sault Ste. Marie; mayor of Timmins says “we’re still in the game” ” (My Timmins Now)
• “Ferrochrome plant could still end up in Timmins, insists mayor of Timmins” (ElliotLakeToday.com)
• “Timmins still wants Noront smelter — City officials are not giving up hope. In light of Tuesday’s announcement by Noront Resources in favour of Sault Ste. Marie as the location for its ferrochrome processing facility, Timmins officials vow to continue to press a case for locating the smelter here …” (Sault Star)
• “Timmins MPP weighs in on ferrochrome smelter decision – Timmins MPP Gilles Bisson doesn’t think the Noront file is over …” (TimminsToday.com)

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• “Consultation and engagement the new mining norm: Noront CEO” (Northern Ontario Business)

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• “Noront Closes $3.45 Million Flow-Through Financing, Issues Interest Shares and Issues Options to the Board of Directors” (company news release)

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• “Noront Exploration Update for McFaulds No.8 VMS Discovery — Noront Resources Ltd. (“Noront”) (TSX Venture: NOT) is pleased to provide an update on the 2019 Phase-1 exploration program at the company’s 85% owned McFaulds volcanogenic massive sulphide (VMS) property in the Ring of Fire …” (company news release)
• “Noront updates progress at McFaulds No.8 VMS discovery” (Canadian Mining Journal)

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• “Tories commit to moving Ring of Fire forward” (Timmins Daily Press)
• “Doug Ford slashes Indigenous Affairs budget and pursues Ring of Fire” (National Observer)
• 2019 Ontario Budget (Ontario.ca)

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• “Noront Resources (NOT) Stock Price Up 19.1%” (7 May 2019)
• “Stocks Technical Analysis: Noront Resources Ltd. (TSXV:NOT)” (5 May 2019) \
• “KWG Resources (KWG) Reaches New 52-Week Low at $0.01” (3 May 2019)
• “KWG Resources (KWG) Stock Price Down 50%” (2 May 2019)
• “64.79% Less NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Shares Shorted” (18 Apr 2019)
• “Hot Spotlight: Noront Resources Ltd. (OTC:NOSOF)” (18 Apr 2019)
• “NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Sellers Reduced By 64.79% Their Shorts” (13 Apr 2019)
• “KWG Resources (KWG) Trading Up 50%” (13 Apr 2019)
• “NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Sellers Reduced Their Shorts By 64.79% As Of Apr 8, 2019”
• “KWG Resources (KWG) Stock Price Up 100%” (4 Apr 2019)

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Filed under: Uncategorized

#RingOfFire (#RoF) News – March 29, 2019

• Some analysis/commentary, a bit of news, and a whole lot of stock watching ….
• Mining consultant Bill Gallagher:  “… First Nations National Energy Strategy is the only way forward to tap Canada’s resource wealth … Mining, forestry, fishing, hydropower, transmission lines, pipelines, oil sands, fracking, transportation, regulatory reviews, orders in council, even legislation – not to mention prominent politicians – all have been rendered roadkill on the road to resources as a result of the rise of native empowerment. One of the common denominators from this tale of woe and grief is quite telling for our resources future: Once a project flames out, it’s not likely to be remounted. Ontario’s Ring of Fire is a case in point. Most proponents, once burned, tend to move on. We’ve lost many foreign investments during the rise of native empowerment and our resources sector has suffered mightily as a direct result …” (corporateknights.com)
• “Doug Ford’s repeal of the Far North Act won’t gain the respect of Indigenous communities … To actually clear the roadblocks to the Ring of Fire – assuming that is what communities in the far north want – the province needs to sit down and work out the details of a renewed treaty relationship. In fact, an Ontario judge in the case of Restoule versus Canada, when reinterpreting the “augmentation clause” contained in the Robinson treaties, recently found that the Crown did not have the sole discretion to decide how to share the wealth of the land, and mandated negotiations between the parties to fill the gaps of the bare treaty text …”  (Globe & Mail)

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• “KWG Resources Announces Closing of Another Tranche of Its Convertible Debenture Private Placement — KWG Resources Inc. is pleased to announce closing on March 15, 2019 of another tranche of its private placement convertible debentures. This tranche was comprised of an aggregate of $775,647.58 of debentures …” (company news release)

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• “Trading Update: Span A Lower Than Span B for Noront Resources Ltd (NOT.V)” (29 Mar 2019)
• “Noront Resources Ltd (NOT.V) Value Bumped -1.64% Lower Past Month” (27 Mar 2019)
• “NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Shorts Declined By 64.79%” (26 Mar 2019)
• “NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Sellers Decreased Their Shorts By 64.79%” (26 Mar 2019)
• “Noront Resources Ltd (NOT.V) Sees Aroon Oscillator Rolling Higher” (25 Mar 2019)
• “Downward Momentum Building? Noront Resources Ltd (NOT.V) Ichimoku Reading in Focus” (25 Mar 2019)
• Resources Ltd. (NOT) Plunges -1.89% on Mar 23″ (24 Mar 2019)
• “Stock Buzz: Noront Resources Ltd.” (23 Mar 2019)“KWG Resources (KWG) Trading Up 50%” (22 Mar 2019)
• “Noront Resources Ltd (NOT.V): Wilder MA Below SMA 50 on This Stock” (21 Mar 2019)
• “KWG Resources (KWG) Hits New 1-Year Low at $0.01” (21 Mar 2019)
• “What is the Schaff Indicator Suggesting For Noront Resources Ltd (NOT.V)?” (20 Mar 2019)
• “KWG Resources (KWG) Reaches New 12-Month Low at $0.01” (19 Mar 2019)
• “NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Sellers Declined By 64.79% Their Shorts As Of Mar 19, 2019” (19 Mar 2019)
• “A Look at Kwg Resources Inc (KWGBF)’s Technicals” (19 Mar 2019)
• “Noront Resources Ltd. (NOT) Declined -1.82% on Mar 14” (15 Mar 2019)

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Filed under: Uncategorized

#RingOfFire (#RoF) News – March 14, 2019

• “Ring of Fire discoverer dies” (Northern Ontario Business)
• “Noront Resources was saddened to hear of the passing of Richard Nemis, who founded Noront in 1983. Mr. Nemis served as president and chief executive officer when the company made the first major Ring of Fire discovery in 2007 and was appointed chairman emeritus when he later stepped down from the Board of Directors …” (Noront Resources news release)
• “Bold Ventures Mourns Loss of Chairman Richard Nemis” (Bold Ventures Inc. news release)

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• “East-west route to Ring of Fire needed now, coalition says” (Sudbury.com)
• “Ontario Mines Minister Rickford pledges to cut red tape; slams fed Bill C-69 … Asked if his government is committed to building infrastructure in the Ring of Fire, Rickford responded: “We’re committed to working with the Indigenous communities who are interested in leading processes to help us build a corridor to prosperity. That’s a new way of thinking about it.” Rickford, who was federal Minister of Natural Resources in 2014-15 and previously Canadian Minister for the Federal Economic Development Initiative for Northern Ontario, was critical of the previous Ontario government whose negotiations with First Nations communities in the Ring of Fire to build a road into the region failed to result in any infrastructure. “With great frustration I saw $20 million spent on bureaucratic exercises that while they had some important principles, there’s no shovels in the ground,” he said. “We intend to see some timelines that everybody can work with, send a signal to the market that they should start their environmental assessment processes on mines – real mines going in there – because we’re well under way towards building a corridor to prosperity.” …” (Canadian Mining Journal)

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• “Ontario Mining Association Looks Forward … We are encouraged to see progress on the ground, given reports that Webequie First Nation has initiated an environmental assessment to build a supply road in the Ring of Fire …” (OMA commentary via netnewsledger.com)

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• “Noront Resources Ltd (NOT.V) Price Holds Above Ichimoku Cloud” (13 March 2019)
• “Noront Resources Ltd (NOT.V) MESA Average Sinks Below FAMA” (11 March 2019)
• “Noront Resources Ltd (NOT.V): Monitoring the Levels” (11 March 2019)A
• “NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Sellers Reduced By 64.79% Their Shorts” (10 March 2019)
• “Zeroing in on Noront Resources Ltd (NOSOF)’s True Range” (6 Mar 2019)

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Filed under: Uncategorized

#RingOfFire (#RoF) News – March 6, 2019

• “New northern Ontario coalition lobbies for east-west route to Ring of Fire” (CBC.ca)
• “New Coalition says East-West route to Ring of Fire needed now — The East-West Ring of Fire Road Coalition (EWRFC) is a new organization at the world’s largest mining conference, the Prospectors and Developers Association of Canada conference (#PDAC2019) advocating for an “East – West road” to access the Ring of Fire …” (news release via Huff Strategy)

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• “Eabametoong chief skips mining conference citing government silence on Ring of Fire” (CBC.ca)
• “Chief Elizabeth Atlookan – I am not attending PDAC” (Chief’s statement via NetNewsLedger.com)

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• “Environmental assessment starts on Ring of Fire supply road – Webequie, SNC-Lavalin prepare study outline for airport-to-exploration camp route …” (Northern Ontario Business)

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• “Making Inroads on the Ring of Fire? — Depending on who you talk to, Noront Resources has either taken a key step forward to meeting its production targets at its Eagle’s Nest nickel-copper-platinum-palladium development in the Ring of Fire (ROF) or a giant step backwards. To date, the Toronto base metals company has handed off environmental assessment (EA) permitting for the contentious all-weather community access road into the site to local First Nations – while delaying by another year its production timeline to 2023 …” (Canadian Mining Journal)

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• “Confidence abounds over Ring of Fire development – NORONT CEO tells Sudbury audience ore could be mined from Eagle’s Nest by 2024 …” (Northern Ontario Business)
• “Noront CEO speaks on smelter decision delay — “Ultimately this isn’t diamonds and gold, its base metals. And so, we need to get all-season roads into the Ring of Fire area. And it’s critical to bring the mining products to market. And without that road, and without the clarity on the timetable associated with the road, we can’t advance the project any further. But, we’re very optimistic. The local communities have been working well with us.” said Coutts …” (ctvnews.ca)
• “Noront Resources the ‘poster child’ for all that’s gone wrong with Ontario resource developments: CEO” (The Financial Post)

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• “Proposal to repeal Far North Act available for comment” (Northern Ontario Business)
• “Province considering repeal of Far North Act” (TBNewsWatch.com)
• “Ontario’s Government seeks public input on the Far North Act” (SaultOnline.com)
• “Ford government proposes to scrap controversial law placing ‘restrictions’ on development in northern Ontario” (National Observer)
• “Ontario Taking Steps to Unlock Economic Development Potential of the Far North — Government Invites Public Input on the Far North Act and Reducing Red Tape …” (Ministry of Natural Resources & Forestry news release)
• Environmental Registry Notice
• “Nishnawbe Aski Nation on board with Far North Act repeal” (Northern Ontario Business) – NAN statement
• “Noront Resources Announces Issuance of Stock Options and Recognizes Provincial Government Support … The Company was … pleased to see an announcement from the provincial government demonstrating their commitment to opening Northern Ontario to economic development by reducing red tape and restrictions on important projects such as all-season roads and the Ring of Fire …” (company news release)
• “The NDP’s John Vanthof of Timiskaming-Cochrane has some cautionary advice for the Ford government as it prepares to review the Far North Act. The MPP is asking the Tories to ensure they include First Nations during the review as the provincial government looks at repealing the Act …” (mynorthbaynow.com)
• “Unbalanced interests in Ontario’s Far North Act … the Ford government wants to be that agent of change. The premier campaigned on jumping on a bulldozer himself if need be to drive a new road into the Ring of Fire in order to kick-start it. He’s responding to the lack of interest worldwide that has turned Ontario into a laughingstock in terms of its former glory days in mining and forestry. A lot of northerners are wanting to see this happen. But this “make Ontario great again” mantra sends ripples of fear through the environmentalists, who still celebrate the strictures on northern resource development imposed by McGuinty’s legislation. Meanwhile, Indigenous peoples, who are still very much on the political sidelines in Ontario, now expect that they will have a lead role in driving amendments to the Act that recognize their massive legal empowerment in its resource sector. So in terms of resource gridlock (Ontario version) nothing has really changed …” (The Lawyer’s Daily)– article downloadable as PDF if previous link doesn’t work

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• “Noront Resources Ltd. (NOT) Move Up 1.72% on Mar 5” (6 Mar 2019)
• “Noront Resources Ltd (NOT.V) Money Flow Index Nearing Key Level” (5 Mar 2019)
• “Traders Performance Review: Noront Resources Ltd. (OTC:NOSOF)” (3 Mar 2019)
• “Reversal Time? Noront Resources Ltd (NOT.V) Schaff Indicator Nearing Key Levels” (1 Mar 2019)
• “NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Sellers Increased By 1180% Their Shorts” (1 Mar 2019)
• “Is It Time To Sell Stock?: Noront Resources Ltd. (TSXV:NOT)” (27 Feb 2019)
• “A Look at Kwg Resources Inc (KWGBF)’s Technicals” (25 Feb 2019)
• “Noront Resources Ltd. (NOT) Rise 5.66% on Feb 23” (24 Feb 2019)
• “Market Update: Move From Open of 0.01 on Shares of Noront Resources Ltd. (:NOT)” (23 Feb 2019)
• “Be Ready for Active Stock: Noront Resources Ltd. (OTC:NOSOF)” (23 Feb 2019) (PDF http://bit.ly/2NMjFSt)
• “KWG Resources (KWG) Shares Down 33.3%” (22 Feb 2019)
• “Tracking Share Performance for Noront Resources Ltd (NOT.V) as price moves -13.33%” (20 Feb 2019)

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• ” ‘They’ve lost it’: Ontario plunges from 7th to 20th in ranking of best places to mine in the world – Delays in developing the Ring of Fire just one issue hindering the province’s ability ‘to unlock its considerable mineral potential’ …” (Saskatoon StarPhoenix)
• “Annual Survey of Mining Companies, 2018” (Fraser Institute)

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Filed under: Uncategorized

#RingOfFire (#RoF) News – February 20, 2019

• “Rickford promises progress in the Ring of Fire — Provincial cabinet minister Greg Rickford offered a stay-tuned response to the government’s plans to advance the construction of an access corridor to the Ring of Fire …” (25 Jan 2019)
• “Ford clears the way for mine development, minister tells Sudbury audience … That includes expediting development in the Ring of Fire, which (Ontario mines mininster Greg) Rickford said is long-overdue …” (24 Jan 2019)
• “Ontario Finance Minister Vic Fedeli told members of the Thunder Bay Chamber of Commerce (7 Feb 2019) that the North is finally getting the respect it deserves from Queen’s Park … Speaking at the Chamber event at the Prince Arthur Waterfront Hotel, Fedeli touted a number of government initiatives he said will improve life for people in northwestern Ontario, including pushing ahead with development in the Ring of Fire, reviewing the Far North Act – which Fedeli said has hindered investment in the north – exploring options for passenger rail and bus service in the region; developing a broadband strategy to increase access to broadband; and working to bring natural gas to more rural and northern communities …”
• “(Soo) Mayor, city officials huddle with Noront Resources brass in Toronto” (22 Jan 2019)
• “Access to Ring of Fire top priority for Noront; work continues on assessing Sault and Timmins” (23 Jan 2019)
• Power Line Announcement Mentions #RoF “… the Honourable Greg Rickford, Minister of Energy, Northern Development and Mines, issued the following statement on the East-West Tie Line Project: “Ontario’s Government working for the People has taken decisive action to designate NextBridge as the transmitter to build a 450-kilometer, double-circuit transmission line from Thunder Bay to Wawa, known as the East-West Tie Line Project, to ensure the availability of reliable electricity across northern Ontario …” (Ontario energy minister 31 Jan 2019 announcement)  – “… The 450-kilometer transmission line is needed to meet growing demand for electricity in northwestern Ontario. It will enhance reliability, improve the flow of cheaper and lower-emission energy, and add the capacity needed for major regional development projects like the Wataynikaneyap Power Project and the Ring of Fire …” (Ontario energy minister 6 Feb 2019 announcement)
• “Unions representing workers at the Ontario Northland Transportation Commission are calling on the province to restore passenger rail service in Northern Ontario … the union says the ONTC should still be a development tool for Northern Ontario, creating links and opening up the province for business. “This is also true for the Ring of Fire,” says (Andy Mitchell, president of the ONTC’s General Chairpersons’ Association). “The ONTC should play a major role in the planning and using their expertise to facilitate the transportation of people and goods thorough some of the harshest terrain in Ontario.” …”
• Some Corporate News …
• “Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture: NOT) has entered into a fifth amending agreement dated January 31, 2019 (the “Fifth Amending Agreement”) with its largest shareholder, Resource Capital Fund V L.P. (“RCF V”), to extend the term of its existing US$15 million convertible debenture (the “Convertible Debenture”). Subject to TSX Venture Exchange approval, the maturity date of the Convertible Debenture has been extended until September 30, 2019 (previously January 31, 2019) …” (company news release)
• “KWG Resources Inc. (CSE: KWG.A) (CSE: KWG) (OTC: KWGBF) (FSE: KW61) (“KWG”) received notification that its application to patent the direct reduction method invention for producing chromium iron alloys directly from chromite ore was accepted by the Registrar for the South African Patent Office on January 12, 2018. Expected date of publication in the Patent Journal is February 28th, 2018 …” (company news release)
• … As Well As The Usual Stock Watching
• “KWG Resources (KWG) Shares Up 50%” (20 Feb 2019)
• “Noront Resources Ltd (NOT.V) Twiggs Money Flow Crawls Below Zero” (19 Feb 2019)
• “Notable Stock to Watch: Noront Resources Ltd.” (19 Feb 2019)
• “Noront Resources Ltd (NOT.V): SuperTrend Above Stock Price” (17 Feb 2019)
• “Buying the Dip? Noront Resources Ltd (NOT.V) Tilts -5.45% Lower For the Week” (17 Feb 2019)
• “Noront Resources Ltd (NOT.V) Technicals Take Center Stage” (15 Feb 2019)
• “Noront Resources Ltd (NOT.V) Chaikin Money Flow Showing Negative Signs” (15 Feb 2019)
• “Is Buying NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Here Good Idea?” (15 Feb 2019)
• “On Feb 15, 2019 NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Sellers Increased Their Shorts By 1180%” (15 Feb 2019)
• “Noront Resources Ltd (NOT.V) Shares Placed Under Scrutiny After a -5.45% Quarterly Loss” (15 Feb 2019)
• “Signal Watch: What’s Unfolding For Noront Resources Ltd (NOT.V)?” (12 Feb 2019)
• “NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Shorts Rose By 1180% As Of Jan 29, 2019” (29 Jan 2019)
• “NORONT RESOURCES LTD ORDINARY SHARES (OTCMKTS:NOSOF) Sellers Strengthened Their Shorts By 1180% As Of Jan 10, 2019” (10 Jan 2019)

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