Was just going over this weeks press release from NOT. Picked up from the update that Hole #18 is a little over 100m SSE from Hole #5. What this means is this #18 is getting very close the property line of FNC. This deposit is heading right on to Fancamp property like Peter Smith predicted. The amazing thing about #18 is the fact it is widening to a vertical depth of 200m, this is 160m wide open in all directions. As the discovery heads onto FNC property, it is getting bigger. The grades of this deposit are astounding.
You can look at this info however you want, but the facts are getting plain for all to see. This deposit is quickly becoming a world class discovery. One of these days in the not too distant future investors are going to wake up and see the shares of FNC are severely undervalued. NOT has a market cap over 10 times the size of FNC's.
A few drill holes and FNC could be trading in the $20 a share range.
Al