Re: No news ...

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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Francis Dube

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Re: No news ...

in response to

No news ...

FANTOMAS

posted on Apr 05, 2010 06:18PM

People just love to blame management for everything. In this case, there were no abuse of cheap options/warrants. Our share price was undervalued and a commodities wave is pushing all boats up. We happen to have a boat that was lower then most (ie more undervalued than most) so our boat made up more ground then most. I still believe commodities are the place to be and Noront is one of the best boats to own.