Re: NOT will be under $3.00

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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Bentonstocks

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Re: NOT will be under $3.00

in response to

Re: NOT will be under $3.00

happytrader

posted on Nov 21, 2007 07:08AM

How low will it go?? Who knows?

However, the answer to that question is irrelevant if you believe that NOT has made a major discovery that will continue to expand with each (most) new drill holes. If you believe this, then it does not matter how low the price goes in the short-term, because over the long-term the market cap has no where to go but up.

Doubts, or rather, concerns, about the current SP reflect an profound lack of understanding about the potential at Mc Fauld's Lake and the nature of investment in junior mining stocks. If you cannot piece together for yourself the risk vs. potential based on the news releases, then perhaps you should follow the advice I gave madams1.

I can afford to lose everything I have invested in NOT, and have contingency planning in place with investments in other companies with projects outside of Mc Fauld's Lake. Do I believe I will lose my NOT money? Not even for for second... This investment will make me a lot of money, and I do not sit around fretting about the current SP on low volume when I am invested in one of the most significant discoveries in Canada since Voisey's Bay, that now has the attention of the world.