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: Just a Thought on the PP

 

An analysis on the four JV:

Nov WSR : 9600 acres              drillings 5,000,000  1year 1,500,00

Jan Southampton 6720 acres  drillings 3,500,000  1 year  1,000,000

Jan Seafield 3840 acres           drillings  2,100,000 1year 6,000,000

Feb Lund 13 claims (not specified acres ?)

Even with additional airborne data, looks like our JV requirement with others companies  are not much different between each one

.Except more land,need more investment on drilling and more holdings on the other companies shares.

08 will be the important year for Norant..

I do believe March/April,our price will move when assays come..

From Feb to March ..my forcast of price range : 3.80- 5.50 ( depends on BMK assays )

March - April 4.00 - 7.00 ( depends on Spq ,FWR and Norant assays)

April- May 6.00- 9.00   ( Norant and JV  assays)

May -June  we may go beyond double digit..( Norant DE, windfall,moly  and JV  )

Aug- Sep  is the month which will destinate whether we are like sudbury or V. Bay... 

This month of Feb is the month to accumulate... if you believe the ring of fire ....

Any visual result is a add on momentum to the price but not crucial... 

My humble opinion.... 

 

 

 

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