Re: Facts,Rumours,Pump and Lies-OBG
posted on
Jul 19, 2009 03:57PM
I don't expect Noront to coddle anyone and that was not the point I was making. They reported visuals on hole 49. If they have Hole 50 drilled than they have obviously seen the core. They are very much aware that their share trading has been volatile the last week. I think it would be responsible of them to report those visuals and the location of the hole as soon as it is possible to reduce the impact of rumors and manipulation that the majority of retailers can't react to until it is too late. At this stage of the game with NOT, having a hole drilled is a material change in my books but that may not fit the official definition of material change where the TSX is concerned.