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: Hodson and the like

Hodson and the like

posted on Jul 11, 2008 04:09AM

Mr. Hodson is only worried about the value of his fund and the return he can sell to his customers/shareholders. He has no interest in Noront as a company which sets him apart from most of us on this board. NOT was a transaction that provided a profit in a short period which looks good on him from his customers perspective. He probably has bought back in because at $2.35, NOT can hardly be called a speculative play. We are worth far more with what has been disclosed and proven. This is where the need for promotion comes in. People are aware of the play but the "goldrush" sentiment is gone and we need to get it back. Someone has to make people believe that logistics like roads and power can be dealt with. Someone has to convince investors that the geology is telling us there is much more to come and create some excitement. I would hope that with the talent we just hired, a plan is in the works. The difference between Hodson etal and our management team is that our focus is on building a company while everyone else is focused on building share price. Eventually the two will coincide.

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Jul 11, 2008 05:38AM
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