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: Also in the Financial Post today.. coincidence?

Also in the Financial Post today.. coincidence?

posted on Oct 29, 2007 04:21PM

[see earlier post for complete article] 

"As for the smallest juniors that do not even have a mineable resource, Mr. Kaiser says they can flourish in any market. That is because their valuations have nothing to do with commodity prices, and are simply based on what they have found and how big it is.

As an example, he points to Noront Resources Ltd., which recently made a high-grade nickel discovery and is now trading in its own bubble, immune to commodity price moves or subprime mortgage worries. Another company in that situation is VMS Ventures Inc. "

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If I had just bought NOT last week, and didn't know a lot about it.. this story alone would have made me seriously think about selling, especially the 'now trading in its own bubble' part. Bubble! Yikes! Call my broker!

Broker: 'Glad you called me... did you see that the CEO sold 25% of his shares?!'

 BK

 

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Oct 29, 2007 05:21PM
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