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: Biding Our Time

Biding Our Time

posted on Feb 03, 2009 09:39AM

It is good to see several initatives to get the word our while we bide our time.

As for biding time, it seems equally apparent that there are a good many large and small Minerals related Companies as well as Investment related organizations (Mining Majors and Industry Financers and Investment Firms) doing the same.

And much of the reason has to do with both the Banking System MESS and the Government(s) initatives to fix/address the Banking MESS as well as support the broader Economy(s) while struggeling with the Banking MESS and loss of available Credit also due to the Banking MESS, which in it's self is adding to the Banking MESS and the stability of the REAL ECONOMY.

Looking around the Stock Markets, there is some volitility daily but yet no true commitment to setting up a new Up Trend in the Markets.

While this is all happening there also appears to be a concerted effort by SOMEONE(s) to keep a lid on the New Minerals Producers, near term New Producers, and the Best of the Best very prospective soon to be New Producers, which is where Noront Resources sits at present at or very near the top of the Best of the Best list.

With the Sprott commentary posted here today respecting Gold and consequently Gold Producers, it can now be assumed that one significant group of Investors/Promoters/Speculators feel ready to see the Speculative Tide turm to Strong Positive for Precious Metals. I would place Best of the Best Base Metals Explorers in a class only slightly different to that of the Precious Metals Producers and near term Producers.

And once the Precious Metal Stocks make their run there will be much more cash freeded up by current Precious Metals Producer Stock Holders to redeploy to the Best of the Best Base Metals Explorers and Producers.

In the mean time there is leasurly paced activity (may NOT really be leasurly) by different Groups to pick up their Investment Positions in the Best of the Best Base Metals Explorers and Producing Juniors, etc..

Cliff's Option with KWG is but a single public indication of what is actually happening on the Quiet in both the Market and in the Back Rooms.

Quiet before the Storm? Yes!

But we also need to keep in mind that Storms are typically nasty times.

And Storms usually involve the merging or clashing of several strong forces resulting in periods of profound calamity with unpredictable damage/distruction and results/consequences.

But, as some have been saying of late, once again, sniffing out what the Big Money is doing and looking to hitch a ride along with them through the Storm is as good a strategy as any.

Just happens many of us were here well ahead to the Big Money. Now we are ever increasingly feeling the growing presence of some of the Big Money.

When will the Market controlers or heavy handed influencers let loose the pent up forces that make for a very good Storm?

Biding Time!

Old Joe

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