the year is over...

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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rosehill

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the year is over...

posted on Dec 11, 2009 10:02AM

I don't expect any barn burning type of news release from Noront in 2009. Having announced deep drilling in 2010 tells me that they have had to resort to this approach in the absence of any other method.

In the meantime, I believe our stock price will drift down to the $1.50 mark. It's possible Noront may go after one of it's neighbours while the deep drills turn. No doubt they will be looking over their shoulders to see if Clif is in their rear view mirror. In fact, if Clif sets up shop in the McFaulds Noront may be forced to drop the King-of-the-Ring status.