Game Changer

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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Newager23

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Game Changer

posted on Oct 15, 2009 11:46PM

While this NR is definately positive because of the extremely high Nickel concentrations, we have not seen a game changer yet.

Noront played too loosely with that phrase. While they are steadily proving up tonage, the numbers still do not add up. They say that Eagle 1 is economical on it's own, but I'm not so sure. IMO, for this to be economical we need a lot more. Will we get there? Probably, but were not there yet. That's why this stock is under $5. It we really had the goods, it would have been a game changer and the stock would have taken off.

My hunch -- and that's all I have -- is that NOT will find enough Nickel for long life mine, but we are still in the hope phase. Nothing is a done deal yet. Thus, we are all speculating. For those of you gambling with a big chunk of your portfolio, I'm wishing you good luck. But this play is anything but a sure thing. Game changer? Not yet people.