HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

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)

Free
Message: My Guess...on NR

My Guess...on NR

posted on Nov 29, 2007 03:37AM

We seem to have a halt whenever the news release is exceptional. From what we've heard Hole 18 is an exceptional hole similar to Hole 5. On that note we will likely see a halt (and of course it will likely be on Friday as usual). Only thing...the news must be traveling around already if it was spoken by the NOT team at the Richmond Club yesterday. A change in the pattern might be in order. My only question...are these only visuals or are they assay results?

Looks like the big move is just around the corner. JV by the number with NOT doing nothing more than assigning the areas they want speculated (for an awefully good reward to those who make the big hits). There is not doubt this should turn into a very good setup for all participants. Noront's speculation will increase 3 fold (possibly up to 9 fold) over the winter months at no real cost to them except where they make hits. Even then it costs to drill and it costs to have testing done. 50% of the profit isn't really 50% for the partners coming into the JV. NOT has the upper hand in all cases.

Lastly we are nearing the magic month of December and closing the historically horrid month of November. That alone brings my spirits up 5 fold.

All the best today. Maybe we'll get news or a halt. My guess is if we halt today...come back Monday to see what its all about.

MM

Share
New Message
Please login to post a reply