Re: Wednesday Night Obfuscations
posted on
Nov 07, 2007 08:22PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Well said MJ, a little harsh but a needed dose of reality to some here that think this is a $20 + stock. I have been telling the masses all week here that NOT is trading in the low $5's all week because that is what the market believes it is presently worth. This stock needs tonnage to justify its lofty market cap, slowly NOT management is adding to the tonnage #'s. They have a long way to go. I do believe NOT has the goods, market needs to know how much of these goods, they got. Those last assays were a tad bit disappointing to me, I was hoping for more.
Wednesday I was telling the forum here that I thought the Double Eagle Project was heading onto FNC's property. I still do, for reasons I will keep to myself. Funny thing is, shareholders of NOT better hope I'm right. You see even if 2/3rds of the D E Project deposit does lie on Fancamps property it does nothing but add value to NOT's share price. The cost of the infastructure requirements at McFauld's Lake is huge, this land is the lowlands, swampland so to speak. If this play doesn't end of being a world class deposit with enough tonnage to make it worthwhile to build the roads, campsites and mines, it ain't worth a whole lot. So we all better hope the boys find the goods, no matter where it's found.The good thing for NOT shareholders is NOT has found its deposit, we knows where it is, it has been discovered, they have the goods.
Enough of my ramblings, sorry people I said earlier today I wouldn't post here any more and I have , but honestly a few asked me to. LOL
...... Hopefully on Thursday at some point the new McFaulds Lake area play forum will be up and running. So the fantatics can have their forum back, I will BOTHER them no more. I have no idea why a few only want to hear b/s predictions with no merit, honest sincere posts bother them. Always some that like to bury their heads in the sand, they still haven't matured enough to understand that honest facts of the NOT story won't hurt them.
Thanks for all the offers of help with the new forum. All offers accepted and appreciated. We will use the team approach to try and keep it useful and informative.
Go NOT go !!!!
Al