If NOT has an Ace (or more), then where is the logic in slow playing?

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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tcasey87

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If NOT has an Ace (or more), then where is the logic in slow playing?

in response to

Re: Freewest is off-toic and not relevant to Noront- 'Nuther Variation

glorieux

posted on Nov 17, 2009 02:27PM

It would be nice to believe that NOT has an Ace or more in its hand, and that NOT is waiting for the exact opportune moment to show its hand and win.

But I find it hard to believe that NOT is sitting on any significant drill results that it has not released.

CEOs might say they never look at the daily share price, and they have the long view in mind. But it puts more of a bounce in your step when your SP is flying. (It certainly did for me when NOT bounced from 60 cents to $3)

If Wes had control over the SP (which he doesn't), then he would keep it as high as possible. Over $2 to make the 4 FWR for 1 NOT offer look good. Over $2.80 to keep the last PP investors happy.

A regular series of positive News keep the price up. A absence of news makes the share price falls due to its own weight.

There is too much at stake not to be selling all of the reasons why NOT is the real deal on a daily basis.

NOT should play its Aces as often as it can, and not wait til tomorrow.

Regards

tcasey

In reply to:

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I believe that NOT is holding info until the 3rd party makes itself and its offer known-if a serious offer does materialize, still have not seen it of course. Once this is out in the open, then I believe NOT will put more cards on the table. Until then our SP will flounder but this will have no effect long term or even on this merger as all cards will be on the table and I do not believe our SP will not be this low when it comes to crunch time on the merger.