The PP looks to have been of benefit

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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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Polylabel

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The PP looks to have been of benefit

posted on Feb 06, 2008 07:39AM

While today is a funny slow trading day I wonder if that would have been the case without the private placement vote of confidence?

It seems like that $4.00 private placement has reassured the Market that Noront has a rock bottom true value in excess of $4. Without this confidence builder we could have been hit harder along with general market.