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: will they do a RS
4
Nov 01, 2012 05:53PM
7
Nov 01, 2012 08:36PM

So, everyone is leaving the ship, as things are looking grim because CLF is delaying expenditures?????

Now someone throws the suggestion of a rev split into the mix?????

The sky is falling. But is it?????

I was given the opportunity to move a bunch of shares at .375 and .38 a couple of weeks ago, and whomever is dumping has afforded me the opportunity to buy them all back. Thank you.

CLF seems to have it's problems. No money for development, and may have to look for a partner to develop the ROF. It's source of funds comes from Iron ore and associated enterprises, all of which seem to be in the sewer for now.

Noront, on the other hand, has nickel. The income from nickel can fund development of the chromite.

I am still 25% off my high of Noront shares, but with the time of year along with so many other factors looming, I, for one intend to increase, rather than decrease, my holding here, maybe at .32, if anyone is interested.

Best regarfds
K

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