Re: OT but Nickel Related
in response to
by
posted on
Feb 11, 2008 11:19AM
Discuss the various junior resource companies within the McFaulds Lake Area
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?