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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Want to waste some time?

Want to waste some time?

posted on Nov 15, 2007 02:56PM

Just visit the Noront Forum. I thought it was bad before but since the posters in this forum left it's become a 'pat me on the back because I believe in NOT' forum.

No one even questions the dollar values these people are putting on a deposit that's not yet defined as to tonnage and potential yield. Don't dare say 'that's fine but you have 130 million shares out so $300 million in the ground value equals $2 and change. Total la la land at the moment and no recognition of 'speculation' and what it means.

Here we don't always agree but do on the fact that participating in the junior exploration companies is very risky and taking a profit instead of waiting for a guessed value sometime in the future isn't a dumb thing to do.

Every player in the 'ring of fire' play has some 'show me' to do and those with inflated market valuation have to live with the fact they have to prove more than someone with a lower market cap and more upside potential.

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