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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Message: Re: It's unfathomable to me...
21
Jan 06, 2010 12:09PM

It is unfathonable to me why Noront management does not migrate the stock listing from the Venture board to the main TSX. My understanding is that this would open up NOT to a lot more investment funds whose rules prevent investing in Venture board listings. One would expect would lead to a higher stock price - no drilling required.

Well actually it is not that unfathomable - I suspect that that the funds holding large blocks of NOT are calling the shots and they want it to stay on the Venture board where they can more easily manipulate the stock price until they acumulate more shares at discount prices.

13
obg
Jan 07, 2010 08:45AM
6
Jan 07, 2010 12:54PM
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