Re: CMP, I agree - d12
posted on
Feb 24, 2009 09:05AM
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)
Normally I post in response to previous posts not directed at the previous poster but at the jest of the post and or moving to generalizations. And once again I will do the same.
Frankly, People ARE being "screwed over" EVERYWHERE!
It is called CAPITALISM!
Many non Commercial/Bank Corporations are ALSO being "screwed over"!
Same reason!
All those here, as everywhere, who frequently refer to "Greed and Fear" both remind all readers of the basic mechanism(s) of "Unregulated Free Market" System(s) (aka - Economic/Financial terrorism) the purpose of which is to TAKE what is normally a Civic Good by means of "any means so desired" and with out need to FEAR the Conesquences of doing so "by ANY MEANS POSSIBLE".
Now we are in a period where these "Feer & Greed" Operators "Desiring to remain above and beyond the LAW" are fighting "TOOTH & NAIL" to remain ALOOF, seeking to PREVENT Civil Government from correcting the deliberate ill conceived selfserving recent Massive Manipulation in all manner of Market Mechanizations and Re-establishing proper Market REGULATION, which is the REAL and True means of promoting "Functional Constructive Capitsalism". And one big Key to seeing the "Unregulation SICKNESS" cured is to ensure the Banking System is Fixed and Saved from TOTAL Self Distruction.
The sad part of doing this is that many (MOST) who had "No part in causing the Problem", (other than allowing the election of deliberatly self protecting, willfully public deceiving, incompetent very recent Governments), are made to suffer due to NOTHING any of these Citizens ever did outside of allowing themselves to be so easily deceived.
And we, as Long Term Share Holders of Noront Resources, are suffering the very same situation with respect to this current BoD.
That is not to say this current BoD are NOT now doing a bad thing by NOT relaesing the FLOOD of Pent Up very Relevant LONG OVER DUE News stashed away somewhere in the Corporate Office. Just as with when Richard Nemis wę·€as in charge, I take the view that they are now looking to ride out the "Very Bad Market Conditions" before moving forward with the Promotion of this Most Valuable of Up and Comming Resporce Exploration Companies. And that Promotion will primarily be via News Releases, and on a number of fronts, ASSAY Results being the Base and Corporate being the Stimulus for renewed SP Health.
The truly bad aspect(s) of this current BoD is that they DID a PP in December, 2008, when there was absolutely NO NEED for doing so.
And it is their having done this unneeded PP that has caused them to be VERY UNTRUSTED by all sincere Share Holders. JoHam's rants etc. are but reinforcement of this well deserved UNTRUSTWORTHYNESS.
Otherwise, all else considered, I feel the need to simply remain Long & Strong.
Biding Time
Old Joe