Agoracom: Small Cap Investment - Noront Resources

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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Spider funds

Boatboy

Jul 20, 2010 01:35PM

Re: Spider funds

rwinger7717

Jul 20, 2010 03:56PM

Boatboy

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Re: Spider funds

in response to

Re: Spider funds

rwinger7717

posted on Jul 20, 2010 04:07PM

If the remaining SPQ shares get taken out at .30, NOT would have to rise by .66 (approx) taking it to $1.80, in the same time frame. Is that possible?

Yes, I truly believe that we will see $1.80 before you get 30 cents out of Cliffs. I have some GNH but still see this NOT as a better bet right now. I will wait for the NR and take out the fools that believe that you sell on news regardless of what the NR says.