Posted by: herbertwiebe - take on the latest news
posted on
May 03, 2008 07:57AM
Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.
Posted by: herbertwiebe on May 03, 2008 12:27AM
In response to: my take on the latest news by From_Sudbury
From_Sudbury, you made a very important statement: original post can be found here http://www.agoracom.com/ir/Noront/me... "One or more of the samples had a preknown test result....as one of the tests for accuracy and quality control.....that sample came back below what it should have....outside of acceptable limits.....therefore, other results were compromised...when the results do come out, you can be certain they will be accurate." Now, I would like all of you to think about a couple of things that were said on this forum by upstanding participants, and QQ is the first one to come to mind. That statement was "there was something in the air at the luncheon that had everyone very "upbeat". Now, remember that the luncheon was "just prior" to when the downtrend in s/p began. Why do you think everyone was so upbeat for a day or so? Why do you think, forgive me if I'm wrong, that Mr. Nemis called "Glorieux" buddy and told him to hang on to his shares? Remember that? I do. The timing is right. I think that the assays were back and looked very good, and then the QC fellas at Noront told Mr. Nemis that the controls were off... Hmmmmmm. All that excitement and then having to be re-assayed due to lab malfunction. I'll tell you what this is telling me, reading between the lines: these assays are going to be very good :-} . There has been no evidence to me on the contrary, but the evidence for is very very compelling (big word for the day!). Now, as From_Sudbury says and I thought I read it somewhere else, if the QC controls came back "low" meaning the results should have been higher, then perhaps these assays will make some of us positively GIDDY. I am on the edge of my seat, just waiting for these results to come in. I believe that all the other cards up Mr. Nemis' sleeve are being held there until this assay fiasco is sorted out. Think about that for a minute. There is all kinds of things going on behind the scenes... rooms full of lawyers having meetings, things that have been said a long time ago, like a "TSX" listing, very intense interest by a very large company ( no names mentioned here but it starts with an I and ends with an O) sitting at the head table at the luncheon... oh, and did I mention that they are privvy to "insider information" with that no sharing of info document signed? Man, can you see the signs??? If you can't see these signs, I want you to take a deep breath, and then OPEN YOUR EYES!!!!! I don't know if next week is going to be the big news week because there are quite a few things going on that have been totally silenced for the last 2 months plus. I think the assays are just the START of news to start coming in the next few weeks/month. I've read a few predictions on the forum lately. Let me make one: If you take Mustang Man's (and a few others too) advice and hold on to your shares, you will be very happy in the next 1 - 2 months. Now, don't forget it takes lawyers a LONG time (sorry Crazydik, but it's true) to dot all the I's and cross all the T's, so give the Noront management a little slack. They've been working VERY hard getting all the pieces of the puzzle assembled. Now, good night to all, have a great weekend and |