A couple of questions to get me back up to speed, as I've been preoccupied with FWR/CLF. Some hate old news rehashed. Smash if you feel the need.
1) what are the current assays. Do they explore new ground or prove up what we already know?
2) One way to get Noront back to where it belongs is to double or triple the current ore. Step out drills could do this. I know the stepouts were unreveiling, but I couldn't tell if the info the probes reveales were suppressed, due to current competition with neigbors.
3) Is there any incentive to suppress info now? Seems to me, unless Noront were planning to buy out Fancamp, if the ROF could double or triple current ore, plus Cliffs' presence, plus railroad progress, that new Major larger then Cliffs will enter the ROF.
4) Considering the debacle with FWR, consider: has Wes communicated with shareholders his vision? Do we know what SP he expects. Do we know if he plans to develop or is he bluffing development in order to sell? His vision needs to be clearly understood so all shareholders are unified should there be a takeover bid, conflict of interest, or silenced for some reason.
5) the problem with we microcaps is lack of dividend. Selling properties are one way to distribute cash to loyal shareholders and would make us happy while we wait for the big score. They made money from Cliffs. I know .25 doesn't seem like a lot, but considering where our SP is right now, considering we still keep our shares, considering it's the beginning of a new tax year, and considering there is concern that management sees us as a nuisance, I would be happy with a little distribution, assuming they've already got enough cash in bank for their plans.
-sg