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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Re: PolyLabel
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Jan 04, 2008 01:25PM

Perhaps I didn't stress much the shorter time frame that Dick Nemis put on higher value of Noront. I mentioned several months and he was definate that a much shorter time frame was involved.

I was a bit too taken aback to really follow up on his comment but it sound like he's thinking less than 30 days. No point in pressing because he can't answer specifically without causing problems for himself. He obviously believes more information will be out in a short time frame to substantiate his believe Noront has more value than it's beening credited with.

His reference to 'Blue Sky' was meant, I believe, to infer that nobody yet knows exactly how high a value will be realized. That's perhaps why he very clearly came back to me with $28 share value when I mentioned $8, and stated it would come a lot faster than the time frame I suggested. Quite heatedly too and let slip a bit by saying something like 'what do those idiots expect, and continued with 5% nickle is unheard of and what more do they want?'

Now Nemis has more information about how things are going than any of us but even he has to be guessing since a lot of factual information just isn't on paper yet. You have to take what I'm repeating with a grain or two of salt but does outline his believe in Noront and where they are going.

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