HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: How long to hold
1
Oct 23, 2007 06:14PM

No argument from me that Noront is a hold, for now.  What is driving me crazy is trying to make a sensible exit price calculation. 

This is actually almost harder than coming up with entry price to pay since I like most of us are well into the money on NOT. It's almost embarrassing now how our share values have increased.

Double at current prices is not out of the question and remember you're doubling $6 not $1 so it makes a lot of difference. We won't see the kind of multiplication old holders of the stock have seen BUT it will be more dollars involved.

Now a 30% gain means almost $2 per share in our pocket where a short time ago it meant what, 30 cents/ 60 cents? That's serious money folks.

Activity in this stock isn't going to disappear in a few days, weeks or even months as the goods are evidently there, just how much we're arguing over.

NOT sure if my nerves will take it but heck it's only 2 months and a bit to 2008, what a New Years Celebration we hope to see.

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