Re: The NI 43-101 so called "News" is Old News, and already in NOT's price..
posted on
Jan 12, 2008 08:08AM
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)
Hi, John, thanks, I understand your post better now. There are some very experienced folks here, and some perhaps inexperienced. My only concern is that the less experienced understand there will be a very significant demand reaction to the actual report data, which will use data for most major parameters that is yet unknown to anyone.
That demand reaction could in theory be negative ("sell on news")but given drilling in progress , we would be expecting it to be to the upside. The TSX listing is a demand boost in a favorable environment since many bulls trade on margin. Of course, it depends on drilling results , but the substantive recent adds of a couple strong post leaders give us reason to be more bullish as the info voids get filled. Lets all keep our thumbs up, and hope for the best.