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: It really is an opportunity

Re: It really is an opportunity

posted on Nov 16, 2007 06:10AM

It really boils down to what you see the value of NOT's holdings to be divided by shares outstanding. I thought it ran too far too fast on the drill and other results in hand. That was an opportunity to sell some shares.

Now the shoe is on the other foot and price has been driven down below where the actual and speculative value should, in my opinion, be.

I see recovery back to test $5 within a week and on the right kind of news back testing $6. That's a good reason to buy at the price we're seeing today.

Can they push it down below $4? Maybe and it would surprise me. However buying at $4.25 and seeing it bottom at $3.90 and bouncing back to $4.40 wouldn't exactly annoy me either.

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