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: Market Cap back in 2007
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I have nickel in 2007 at 55000$ per ton as a high = $25 a pound.
Now it is about 14000$/ton or about 6.50/lb. a third (or a quarter) of the previous high.
So take that old Noront's value of a billion dollars and cut it by a third and spread over a quarter million shares and you get about $1.35 per share and not far off from the $1.50 of Nickcdn's.

Remember, 2007 was full of high expectations for us hence the 7$/share price tag.

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