First, I will mention that I hold a fair number of shares of both NOT and FWR; along with a lower $$ value of shares of BMK, KWG, SPQ, UC, PRB
I would hope that with NOT's exploration budget, that we would be getting better results....seems they are being outdone by FWR with fewer drills and less $$ being spent....I guess that is why NOT's share price is going nowhere fast and FWR's shareprice is breaking new 52 week high's
I wonder if NOT's board would like to comment on the recently announced drill results from FWR. It's looking more convincingly like FWR has the better chrome deposit. Will NOT continue to focus on their chrome deposit and risk being overshadowed by FWR? Maybe they will focus more now on finding more nickel? Maybe they will go take another look at Windfall or some of their other properties? Will a major be interested in the second best chrome deposit?
Perhaps the focus will be on merging these two companies. It used to be about 20 shares of FWR for 1 share of NOT.....now it's more like 2 shares of FWR for each share of NOT......with the current focus on Chrome and the likelyhood that FWR's chrome find is better, we may be moving towards a 1 for 1, or should I say...2 NOT shares for each FWR share
My confidence in this board is fading....my confidence in MAC is increasing (a real CEO)
Just my comments.....you are welcome to yours....I would especially appreciate comments from the new board