Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Anybodies Here?

I disagree with both your post and Snug on the need to get this story out even more.

For the past 30+ months, Noront has been beating the bushes every chance they get to talk about how great the ROF is. It has managed to catch the imagination of the politicians, but it has yet to gain any tangible contributions to moving this forward. Yeah, they have said how important it is to northwest Ontario, but we hear that double talk all the time. We may get something more firm when the provincial election rhetoric engines start firing.

I think that NN is actually making a smart play by keeping a low profile on this. The other companies are doing enough chatter, and having one more voice is not going to make an ounce of difference. The majors have heard about us, be sure of that. They don't listen to investor relations speeches, they read the hard data.

The global economy has shown some signs of recovery, but it is very tenuous at best. The markets are still too skitterish, as we can see from the EU side of things.

As summer comes along, people will be doing the typical "sell in May and stay away" methodology, and our SP will likely suffer a bit, moving back to the annual low period, probably in the 5-8 cent range. Steady your nerves, as that may be the time that we see the take out offer come in.

This is all in my opinion, and is based on historical data. Our condition really has not changed that much from where we were in the last couple of years, excepting for a good 43-101 of indicated (not measured) resources. Lots still to go.

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