Like many of you, I was hoping/expecting a NR today...to no avail unfortanetly. These things always take more time than we want. We were originally told mid September and it may turn out to be the case-only a week away now but I still believe NOT will get it out earlier. Why? Because they have talked a big game with the big boys and now must deliver. They accepted big money from Bay street and if they fail to deliver again, we are in big trouble. However I believe they will deliver and deliver big. They have alot of eyes on them for this one and if they deliver, they will be rewarded handsomely and so will we! Many people have already done the math that if NOT delivers a 100 meter step out hole or more-we are off to the races.
In the past, periods of pre release saw increased volume. That is not what we are seeing now. I believe the main reason for that is the leaks have been mostly plugged up. This is not easy to do when there is so many eyes involved and so much money involved. Everyone wants to know!!! My sources have been getting no info in the last few weeks and I think I had some very good connections. Some say they have heard this or that and it may turn out to be true but the info from very credible sources has been turned down dramatically.
The good news for us Shareholders is when a good NR comes out, we should see our SP go up, not down because of that. The SP going down after a good NR was a sign that everything used to be leaked in the past and I believe this is one thing that Wes was very serious about-plugging the leaks which will benefit all shareholders and permit the stock price to react according to the news. All we can hope for now is that the news is good!
Good luck to all longs-our biggest NR is just a few hours/days away!!
Glorieux