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: More on Anonymous and KWG
4
Jan 21, 2009 05:44AM
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Jan 21, 2009 05:55AM

Sum4All, many factors were involved in the valuations getting killed last year. The biggest NOT factor was Eagle 1 turning out to be smaller than most thought and Eagle 2 not being as high grade as Eagle 1. After that though, it was the economy collapsing which Noront could only sit back and witness. When I see NOT at $1.20, FWR at $0.24, SPQ at $.05 and KWG at $0.03, as a basket investment, the down side right now is very limited while the upside is huge. Yes I ate crow last year but 2009 is a new year and for those of us who stuck around, I believe we will have major redemption!!

G.

11
Jan 21, 2009 06:12AM
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