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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Re: price end of 2008 / FANTOMAS

in response to
price end of 2008
by
HSS
posted on Feb 22, 2008 12:39PM

 what are richards thoughts of the stockprice of not at the end of 2008? can somebody ask that?

Hi HSS,

I asked a similar question in my mail to Richard end of January:

http://www.agoracom.com/ir/Noront/messages/732294

8. Because we keep getting unbelievable drill results from DE (and everybody should know by now that this will be a mine), which are not reflected in the share price, what is YOUR valuation of the company and what kind of potential do you expect ?

Answer RN:

8. I cannot comment on valuation at this time. Our 43-101 resource calculations are being worked on.

I quite like it if a CEO is NOT giving out share price expectations and stays away from hyping his company. So that was exactly the answer I was hoping for.

Best Regards,

FANTOMAS

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