NOT-SP
in response to
by
posted on
Oct 03, 2009 11:22AM
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)
Good morning on a gloomy, rainy weekend day. I have been reading all the posts and realized that a lot of new posters recently came on board. Storm5151, you are correct, due to Africa's problems with electricity, they have not been successful in making these furnaces/smelters operate. I think there are a total of 3 furnaces/smelters for sale, if I am not mistaken I think Goldcorp also is interested in purchasing one. Regardless, NOT is moving forward in a huge way. Obviously, we are all upset at the current SP and really should not be concerned in the least. Its not as bad as it all appears. The markets are ruthless and want excellent results with no delays. When these results are not quite as high as the market expects and the timeframe is longer than the markets are prepared to wait for results, NOT gets raped. At the end of the day ladies and gents, we need to be patient, calm and relaxed. There is so much progress going on behind the scenes. We all need to be patient and allow this huge discovery to slowly unfold. I have held onto NOT for a little over four years now, I can finally see the huge payout at the end of the tunnel.
Cheers
RockStar