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: Re: A little math problem:
22
pw
Feb 07, 2008 11:45AM

We on the board, (and I include myself here,) tend to get a little excited over the prospects for Noront. I think the rest of the world is still hesitant to believe, and that it will take a massive sulfide hit over substantial length for the stock price to go to $8-10. Anything less may cause an immediate jump, but not a doubling. A 'disappointing' hit (i.e. sulfides over a short distance) might even cause a (temporary) decline, depending on the mood of the market on that day.

 

A difficulty with high expectations in the market is that if they are not immediately fulfilled, even good news - if not good enough - can be regarded as failure.

 

I, too, am long on NOT. I just think we need to be cognizant that the path upwards is filled with many twists and turns.

 

I am looking forward to waking CD.

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Feb 07, 2008 04:15PM
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Feb 07, 2008 04:44PM
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pw
Feb 07, 2008 07:24PM
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Feb 08, 2008 04:56AM
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