Re: AL What are your thought on the PP?

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alcollard

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Re: AL What are your thought on the PP?

in response to

AL What are your thought on the PP?

TrevorATL

posted on Feb 04, 2008 04:27AM

It certainly looks like a reasonable PP at a fair discount to market price. NOT now has lots of cash for their drill program in 2008.

The one thing I will say here is, Nemis must be eating a plate of humble crow when he told investors at the AGM he could do a PP at $10 any time he wanted. Oops, never did like that statement from him or his call for $28 share price. At the time I remember saying Bay St will make Nemis eat those words. That time is now. That said congratulations Dick, you now have a well financed exploration company with some of the best ever assay results I have ever seen. This PP bodes well for the future of NOT. It shows someone with a lot of money has decided NOT is a good bet at todays trading level.