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: Funny/Poly
4
Aug 05, 2008 09:13AM
4
Aug 05, 2008 09:25AM

Aug 05, 2008 09:41AM

Considering that Probe just lost, in one day, one half their share value on the market maybe Noront being down a bit isn't so bad.

It's hard to imagine that there are some long on Probe who are still trying to put a positive spin on the news release. Bad exploration results are bad results and the market is brutal.

If Probe indeed plans to do no more drilling until the Fall then it's hard to image them recovering from this sell off OR that it is over.

Probe road on Noront's coattails as far as they could as has Fancamp. Next up to bat is Fancamp (FNC) who may just have a far better chance of 'hitting'.

Hard for me to see why our share price has been affected and annoying to see the only volume come in to pickup cheaper shares of Noront.


Aug 05, 2008 10:27AM
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Aug 05, 2008 10:38AM
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