Re: How much longer?
in response to
by
posted on
Jan 03, 2008 01:39PM
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)
There really is no answer to your question except most of us think Noront is currently selling at bargain basement prices. Sooner or later there will be a sharp correction.
It is obvious that a firm bottom price has been established although that too is lower than most dreamed possible.
You'll have to do what the rest of do, buy more if we can and just patiently, or not so patiently, wait for the correction. You're obviously'out of the money', well join the club. That's the market and we have to live through what it hands us.