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: You'd think the ship sank

Re: You'd think the ship sank - poly

posted on Apr 22, 2008 03:39PM

Fellows if you want to bag 2 or 3 times your investment then your money is at risk. Noront is still very much a speculative junior mining exploration company. Expect to get some bad times on the way to profits. That's just life and the way it works. If you can't take the heat get out of the kitchen.

I bought more again today and higher than the close but so what, the fundamentals haven't changed. So it's low volume and not much interest from institutional and deep pocketed investors until more assays and a higher comfort level is experianced. We know that and it, to me, indicates a buying opportunity not 'hand me the towel'.

I'd like to see $6 and personally think that's even light for value established todate. For certain I'd not be sellling until well past $7 and I will indeed lighten up my holdings somewhere between $7 and $8 (depending upon the kind of news that sends the share price to that level) instead of holding everything until $20 but that's my investment plan.

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