Well, we finally reached the golden 100 area, with a ramp (as was mentioned in SunLover50's consversation with the office).
This is fantasic news for us longs here, as we've waited a long time for this. And also very good news for everyone else here, as Noront will be carting the gold back up the ramp, in the NOT too distant future. All along the way, as I was told at the NOT GOLF tournament, the ore has been stockpiled. So it's just a matter of hauling it all out, once they have exhausted what they find at #100.
Funny thing is, when NOT drilled that #100, back in late 2006, we had no idea how long it would be before we'd see the gold ore coming out of the ground. Now it's October 2008, almost two years later and we will see soon, what we have at Windfall. I remember one good poster here mentioning that we'd be hauling gold out in the spring of 2008. He won't be that far off, really. That poster's name, was Misfit1.
Windfall is a very small project, in relation to the size of the ROF, which continues to grow. And it's taken two years to get to this point for WF. And although it may be true that we won't be mining very much of the ROF ourselves (except maybe Eagle One?), the magnitude of this project is far greater that that of WF. There are still more anomalies and JV's to drill, more existing anomalies that are being drilled deeper (and they're still finding stuff), new JV's starting up and more claims being staked by NOT and many others.
So if we waited two years for WF, then maybe we expect at least that long for the ROF to mature. It's barely over a year, since Eagle One was discovered. We had one drill turning a year ago. Now there are four, with another on the way. Just by looking at the ROF maps and doing some strato-DD, it's easy to see that there are many months of drilling that could continue by the ROF companies, unless a major comes in and takes over this process, along with infrastructure for a mine(s).
I won't mention the 'P' word (that ends in 'ience'). Instead, I'll say the 'L' word, Logic. It is logical to expect a reversal of the markets. History says so. It will happen. And when it does, the ROF stocks will take off again. Add in a bunch of real good assays for NOT and others in the ROF and those lofty SP thoughts, will return to the board. And no, I won't scream my now infamous '$68.00 a share', that I stole from another poster here, but I will tell crazydik, that it's time to come out of hibernation.
strato-pump