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)

Free
Message: Has to be excellent time to purchase

Re: Has to be excellent time to purchase

posted on Mar 20, 2008 07:00AM

Well I managed to get 5K and trying for another 10K. The problem is that we still need more potential buys to get off the fence. Volume is likely to be light again today so we drift. Hard to complain because I'm bidding lower than current price since I don't see a lot of active buyers and waiting around for some 'fool' to give away his shares.

Why anyone would sell shares in Noront at todays pricing is beyond me. Even if they paid 40 cents a share they are forgoing the extra $2 they could likely get next week. Go figure.

Mind set is important here and just because you bought much lower shouldn't be all important. Today is today not 7 months ago and Noront isn't in the same position it was back then. Consider the value of holdings today and you have to agree they are not being fairly valued by the market.

Share
New Message
Please login to post a reply