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: PDAC INFO!!
8
Mar 02, 2009 04:25AM

Re: PDAC INFO!!

in response to by
posted on Mar 02, 2009 04:50AM

I could be wrong but believe Noront management are almost totally concerned with getting exploration results into their database to work on Chromite 43-101 and intend to release in blocks or groups instead of individually.

It's been a long time since we ever saw a 'visual' report on a drill core and I'm not holding my breath that we will in the future.

It's frustrating for retail investors not to receive regular 'treats' such as FWR seem to hand out but that's just the way Noront are playing this.

Given the existing 'proven' deposits, prime targets and funds on hand to explore them I'm willing to 'suck it up' and hang onto Noront investment. It's both less risky than an investment with some other ROF players and potential to return to, or exceed, previous highs are there.

Given the way Norong is operating my expectation is that when the share price does move sharply higher it will stay there because the rise will not be because of 'Blue Sky' but because of documented results.



30
Mar 02, 2009 06:17AM
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