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: Just a Thought-Theory on SP--YOU GOT THAT RIGHT
5
Jan 03, 2008 03:14PM
2
Jan 03, 2008 05:22PM

As far as I know RN and Noront are not currently looking to raise more funds and he's indicated any shares won't be issued at current prices but much higher. If that's the case Noront will want to have resource calculations to support the private placement. Guess what, that's on going priority at DE and just maybe bulk sample at Windfield will get done before going to the trough.

Seems awfully soon for market makers to try depressing share price as no likelyhood of share placements planned in short term.

I read a posting that said 'Cannacord' put out a sell advice on Noront because both the Hole 18 details were already priced into share price AND the deposit wasn't getting larger and fully valued in share price at this time. Stinks if it's true because they gave an opinion and nothing factual to back them up. 

1
Jan 05, 2008 07:57AM
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