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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Message: Re: On the Noront website
7
Mar 01, 2012 03:33PM
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ANL
Mar 01, 2012 04:02PM
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Mar 01, 2012 04:11PM

By the way, in this interview Wes is very specific about share prices:

"Wes: Again just to reiterate we believe that we’re very undervalued at eighty-eight cents right now. We are actively exploring in the Ring of Fire and drilling some very favorable nickel sulphide baguettes which will have significant impacts on our project on economics. We have already have a sufficiently large enough reserves identified and reserve identified that indicates the value of the company of better than 550 million dollars which should be translated back into our current shares issue and our understanding would be put us in and above the two dollar and 25 cent range."

Hum, "88 Cents right now" -- this was the close at Jan 18!

And the interview was posted on Jan 19...

Now I also start wondering when the feasibility study is due...

The only other time with a sp of 88 was November 2011


1
ANL
Mar 01, 2012 04:31PM
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Mar 01, 2012 06:42PM
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