Tomorrow I'm selling my Noront shares. It's a simple trade. I'm going to sell Noront and buy Kaminak Gold. My feeling is that Noront will get bought out soon for less than $3 and Kaminak is going to do better than a 200% return.

I'm probably wrong and Noront will drill deep and find 15 mil tons of nickel and the stock price will roar back to $7. But I'm a gold/silver investor and I've lost my patience. Last year was really ugly for drill results on Eagle 1. I can't stomach another bad year of drill results and the stock to languish around $1 / 150 MC.

I figure if they were going to find more nickel it would have been in 2010. I knew it was a bad omen when the fired Richard Nemis. I really liked him and he is a smart guy. Why did that happen? It was bad karma. I should have sold then, but I was greedy and wanted to see what was below Eagle 1.

I'll miss all of you. It was fun while it lasted. Time to move on to the Yukon gold rush.

Newager