Agoracom: Small Cap Investment - Noront Resources - Re: we are dazed

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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dvdgray

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Re: we are dazed - the market never valued chromite highly

in response to

Re: we are dazed .

BarbuBeatnik

posted on Feb 14, 2010 01:34AM

BB-

Anyone who was watching Noront's SP since the BB1 discovery could tell you that the market didn't value the chromite much, if at all. Every time Noront released news of further significant drilling results for chromite, the stock price didn't change for the better. Often it went down. Now $200M isn't chump change, but it sure wasn't anywhere near what many on the FWR board were claiming (okay, screaming, ranting and raving) it was worth. So all that speculation was worth what? Less than nothing, as far as I can tell. So please take the speculation back to the appropriate board (SPQ, KWG, or Cliffs. Anywhere but here.).