Re: rcf shares
in response to
by
posted on
Nov 20, 2013 11:55AM
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)
I think everyone needs to look into RCF further before calling them the devil. These guys are opting for noront shares instead of cash, at a time when cash is king. I think it's safe to say they are privy to information that we are not. One can only assume why they keep stock piling (no pun intended) noront shares, considering the cash option would be lucrative enough. Obviously they believe in the company and believe shares are undervalued at current prices.
Check out their track record, they are smart money and have had some HUGE successes in the past, with companies that IMO didn't have half the potential of NOT. I have no doubt there are games being played, and RCF could be participating in a round about way. But one thing i'm sure of, is they have every reason, at some point, to see Noront fly. My bet is on them and Noront. Good luck all.
djje