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: What I know about cutsheal
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Nov 25, 2007 10:28AM
3
Nov 25, 2007 03:01PM

What I know about cutsheal

posted on Nov 25, 2007 07:32PM

I have followed cutsheal's posts for a year and I believe he's on the level.  He jumped into Noront before the halt in Dec. 06 and he's been pretty much long ever since.  Certainly he's been in and out a few times, but overall he believes in this company and wishes for Noront's continued success.

He's not mining junkie and I'm positive he's not shorting the stock.  I do believe he is holding 50,000 "just in case" shares, because his prophetic posts over the last year have shown he knows when to buy and sell and I believe he's built up a sizable position this way.   

He warned the board on Dec. 31 06 about "being realisitic, folks," that the assays due for release that day were not going to meet the market's high expectations after 50oz/ton. He was right.  He sold his position before the assay results and bought his position back after NOT dropped to 0.60 that day.  

I also believe he has made 7 figures because if I followed his advice, I would have made 7 figures too.  I believe he will buy back if the price gets low enough, but he doesn't want to risk the money he's made and is now being cautious, which is prudent of him.  This doesn't mean he's right about what will happen with the share price on Monday or later in the week, but this is how he sees it.           

I know he ruffled a lot of feathers here by posting what he posted, and yes, maybe he does want the share price to drop to buy in at a low risk entry, but overall, though, I believe cusheal is on our side.

Best to all.

 

  

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Nov 25, 2007 07:53PM
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