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: SUPper Time...Septic Investment Environment
6
Nov 27, 2018 04:19PM
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Nov 29, 2018 05:58PM

Well...... TR.  The market also views this as a dilution to the SUP.V share price.  So, until the drilling assays come back skeptcism is still king, and the locals, as we know, are unpredictable.  Eventhough there is an agreement, or understanding, between Neskantaga and Northern Superior Resources who knows whether another First Nation, example Eabametoong, might complain.  Right now the current climate in Matawa is one where no one feels warm and fuzzy about investing.  Both Noront and Northern Superior Resources are in the same boat.  A boat where the initial hype about drilling results dies off quickly when the market is reminded about the "First Nation Factor".  A factor where some are pro-developement and others who say they are pro-developement but only on their terms until they change their mind. It's hard sometimes to know who is who.

The main issue here IMO is that not everyone in the north is ready to be "Open for Business".  Instead, they are more than happy waiting for the Ontario government to come and save them from themselves.  Many of us have made this same mistake trying to rely on our govenments to act in our best interests, and in a timely fashion.  News flash....It doesn't happen.  So, if those in the north want prosperity and aid then they have to convince the rest of Ontario that they deserve it, and are willing to work with the province to earn it; no freebies.  Until then, the money they feel entitled to will always find another place where it is really needed, and any private investment will only happen when they decide to clean up their septic investment environment.

TM.

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