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Discuss the various junior resource companies within the McFaulds Lake Area

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Message: Re: OT but Nickel Related
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Feb 11, 2008 09:21AM
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Feb 11, 2008 10:18AM

What is scary is just how low this deposit is valued after a lot of drilling and work done to define it.  People are talking up Noront's DE 1 like it should be valued at insitu 30% or more of todays price of extracted metals. Meanwhile you look at CRO trading at what, 5% of insitu value?

I wasn't the one that due this up to compare and frankly am not interested in CRO except it might show were Noront perhaps does have a lot of speculative dollars already priced into the $5 share price. A number of people think Noront, at this time without any more news, is undervalued and just maybe they are wrong?

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