Mining Junkie,

As it appears that you have an average at the pre-assay results level, no one can fault you for taking profits off of the table. That is why we all buy stock after all.

I do not question that you and many others will buy stock if it were to hit $3.50. We all would. Today many bought at $5.40 and that may look like a cheap price as this train keeps moving.

What I question is that why you, as a long with a purported 500K shares worth over 2.75 Million dollars would spend time on a board convincing people that your estimated value of the share price is $3.50 based on your calculations.

Last night one of the posters went back to the Diamond Fields trading and found that they were bought out for 50% of the estimated ground value based on an estimate of 6 tonnes. History has shown that what is actually there is much, much larger than this. Was that a great buy for INCO? Yes. They were just bought out and the Voisey Bay portion of their holdings was valued at the original 4.5 B + an appreciated 6B based on current mineral prices and higher tonnage.

We could argue whether or not 10% is a valid number to use when estimating, but I still question why someone with $2.75 million dollars in Noront comes on a public board and gives out numbers like $3.50 when the price is at $6.00. Are you looking forward to losing 1M (500K x $2) in the interim so that you can then rebuy the other 500K at $3.50? What do you gain?

Did you ever stop to think that if this stock hits $3.50 after the tens of millions of shares haved traded above $5 the past few weeks that this could keep all institutional buyers away until tonnage is truly known? As is, there is deep pocket money on the table at the moment and unlike those of us who got in below .70 cents, they have a lot to lose. They will support the stock to keep their integrity for the clients they represent as well as appease their bosses.

You have offered some excellent insight into mining topics on this board and I know that you are respected for your knowledge. I have never questioned that. I do believe you could explain why you consistently talk about a $3.50 evaluation and future entrance point when you have as much shares riding as you have stated in your last posting.

I just don't get it. Is it a public service medal you are going for because I don't know of too many investors with $2.75 million at stake that would even bring up a negative side to a stock they hold. Every penny this thing drops costs you $5,000.

Again, I just don't get it. Put yourself in our shoes. Something seems strange with your situation.

M1.