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At this point in time even Noront has not proven up an economic deposit in the 'Ring of Fire'. Close but no cigar yet which is why the share prices are where they are.
This is as clear as it gets!
All investors in McFaulds, including me, need to understand that this is all speculative. So if anyone doesn't want "high risk, high reward" stocks, it's time to move to Goldcorp or Teck - alas, capital gains on those guys are also hard to come by these days.
