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: Comfort Level

Comfort Level

posted on Mar 17, 2008 11:45AM

While none of us are particularly happy about todays share price (well those of us that took advantage are) here is a comforting thought.

Imagine you would like to invest a few million dollars and called up Richard Nemis and said, 'Dick, I'd like to buy a million shares of Noront'.

Do you think Dick would say: 'Thanks but no thanks', 'We can talk but the price would be ...$10? $12? $15?'. You can be sure it wouldn't be any $6 or $7 or $8

My feeling is that today Mr. Nemis is in the position to say 'anytime I feel like it I could do a PP for $10 as share' just took a little while to get to this point and imaging what the asking price will be in August? 

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