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: Re: Distraction
17
May 14, 2008 10:18AM
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May 14, 2008 02:42PM
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May 14, 2008 02:54PM
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May 14, 2008 04:22PM

Hey Sudbury,

A distraction? ... or a lay up for the eventual score? While the market remains in cash and in fear.... and the small caps presently remain depressed, along with their shareholders, NOT is in the most envious of positions as it maneuvres into more advantageous arrangements through negotiations behind closed doors. Occasionally, glimmers of what goes on behind these doors are relayed through announcements such as today's. How wonderful for NOT to acquire a greater interest in yet another portion of, what looks to be, a major anomaly previously outside of NOT's holdings. Noront now adds to the pot with, when proven, added value to their resource.

My mind reels at the thought of having to report on over 700 samples in a thoughtful and responsible way. Is it unreasonable to expect this to take a couple of weeks. I don't think so. Now having written the latter, R.N. said to me that they would not be holding anything back with the implication that they would be releasing in batches. This seems in opposition to thoughts on withholding information for tactical reasons. It would be foolish of me to say that this can't happen, but I submit that each individual would have to decide for him/herself as to whether this type of game is presently being played. R.N. says no.... take your perspectives folks. I have no doubt that our admin. is doing everything possible to maximize investor advantage however we believe they are playing the game.

I have posted before that, as long as investors are slow to move out of cash and into the market, NOT will have to fight every step of the way to increase the SP and to maintain it. In the interim NOT will move at ever increasing speed with drilling and receiving of assays from the new lab. They should be able to generate some needed excitement and interest with this. I was disappointed earlier today that NOT didn't hold above $5. I then thought about all of the evidence that suggests our interests are being handled by the best and most savvy admin. in the business, on land that is looking like it will prove up to be what every investor dreams of getting in on. I feel very fortunate... and I'm willing to bet ya'll will too..... if you don't already.



7
May 14, 2008 07:56PM
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