Fair value????
posted on
Jan 29, 2008 05:31AM
What is it? and why? That's two questions. First the why. It is a fact that you can take to the bank that Noront has a mine coming. The unknown is how big. Also, some posts back someone wrote as to why Noront is the one to hold. It was beautifully put and I thought I could remember it. But the message was that Noront is the one with the goods, the others are all promise and hope. Go with the one who has the goods. It just makes good sense to me. As to value, RN told one person who called him that we might see $28 quicker than we think. Of course, right after that we hit lows that surprised me. But it also gave me a wonderful chance to buy considerable more. I doubt this will repeat and I would not wait for it either. RN appears to be a rare person who can be trusted, and many writers here agree with that. If Noront's success continues, and I am confident it will, then $28 is a conservative figure. I do own some Spider and KWG, but my main focus is Noront.......they have the goods. Hope this helps. There are several strategies. One is to buy half what you would like to hold, and buy the other half ...." IF "... you get a pull-back. It looks like a little weakness is developing today after yesterday's news. This might be an opportunity. I do expect more news soon, and with more drills, the news will flow more often too. I am still a buyer here but have to sell some other stocks first to raise the capital. So I am walking the talk.