ANL, I think this is the best post of yours I have read. I have always felt that the assets Noront has will be developed at some point by someone guaranteed. I think many here do and that is why I was not applying the industry standard discount at least not the way you were applying it. Oviously the market is though.

I also agree with Ed and Pete that the world is not falling apart and these commodities will be needed in the future and even though nickel is seeing some of it's worse times value wise, the predictions seem to agree that 2015 will see a turn around in nickel prices. Unless we have a catastrophic event, we will be very close to mining at that point. The NPV you mention of $6 is very reasonable IMO and that would be a 20 bagger from here in 3 years, worth every frustrating day of long agony IMO.

The best time to buy stocks is when no one else wants them and it seems the market does not want Noront shares right now and some of us are quite happy about that!

Cheers,

G.