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: Filling the Gap
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Mar 28, 2015 12:29PM
3
Mar 28, 2015 12:41PM

I'd say that this doesn't count if there is a sudden catalyst, or development beyond the normal growth guidance. Junior mining is a special breed outside of normal growth TA.

Junior mining for TA relies on speculation of a particular securitie's prospects, catalysts such as drilling, discoveries and the type of funding that is available or sourced.

For Noront, it is up from here. The larger trend downwards has broken. The only thing to achieve is FN support. See Voisey's Bay, same issues, deal in the end.

Short-term with lack of momo we stay between 50 and 60c, otherwise with some momo we break out to 70 and 80c - with a nod to $1+ with permitting. If a deal is had ... who knows!

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