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: Not a bad idea

Not a bad idea

posted on Mar 14, 2008 07:22AM

To pick up extra trading shares today and sell them back Monday at $7.20 for 20% profit?

With what we know today, not a month ago but today, Noront is undervalued by the market by a dollar, maybe bit more. Forget for the moment about huge potential value on a major buying Noront out. Lets concentrate on buying today and potentially making a cool 20% next week. Even holding two weeks for that kind of return is a no brainer.

I'm in again today adding to purchases made the past few days at higher prices which I still regard as bargain basement.  

This is not a recommendation to anyone to sell their shares on a 20% price recovery as holding for longer period could well result in higher return on investment. 

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