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: Superstar Status

Superstar Status

posted on Sep 30, 2008 01:28PM

Not is a great company and has great properties with proven reserves and a tonne of potential but the world has served up a ton of kryptonite to batter this superstar. They are not alone. Everything I have on the TSX-V is half or less. I posted yesterday that the share price is down but our land holdings still have the same value as when our price was at it's max. You wonder what happened to the share price today, just pay attention to what is going on around you. Analysts are telling investors to get into bluechip large caps because even there it will be a gamble. Nobody can borrow money. If you have been reading the posts here, you will have known that juniors have been stripped of all value. The economy that drives steel prices and the demand for the ingredients nosedived some time ago and is still down there somewhere. Investors are being cautious and analytical. They are asking where the #ell and when will NOT get the billion plus to develope this orebody. They are wondering what this huge deposit is going to do to chromite prices. I'm not being negative, I posted in the past that we will have the competitive advantage but this is not clear to people who are nervous and not paying attention. We will have to fight competitive interests overseas and they will be fighting for their existance. And guess who "they" are? I think Xstrata comes to mind from a post I read here. There is noone person or company to blame here and it will be a long road to recovery for all resource stocks. We wasted a lot of energy and space infighting about what is OT or relevant. Lets not waste anymore beating up on Noront.

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