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)

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Message: Re: Why $400 per share may still be low...

Absolute rubbish. There is evidence that Noront has a rich deposit which is likely to be economic as it proves up quantity and average quality. Yes there are indications this type of deposit will be found elsewhere but all there are at the moment are indications.

This is not the same kind of deposit as found at Sudbury or Voisy Bay. Maybe someone will find a large deposit like found at Voisy Bay but that's just pie in the sky at the moment and no tellling who, if anyone, will find it.

Remember the old adage: Bulls and Bears make money while Pigs get slaughtered.

By the time Noront reaches $10 a share everyone will have a far better idea as to exactly what end result might be for share price appreciation.

Comments like $400 a share are every bit as bad as someone saying $1.00 a share. Not a reasoned comment.

 

 

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