Re: Today's action?

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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Francis Dube

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Re: Today's action?

in response to

Today's action?

franzneumann

posted on Feb 27, 2008 12:49PM

I agree with you Franz. That news release was huge and did not receive the proper attention or valuation. I believe, once it started sinking in, people realized what a bargain this stock is right now. By my calculation, this company is worth $13.44 and that is assuming that Genuity is right in their assessment of DE1 at 5.6B $, that DE2 is worth have that and the rest of Noront is worth $1 per share or 135M. So once you factor all this in, this is the deal of the century in my opinion of course. DE3 will come and add tonnage but DE2 confirmed that we were not dealing with a one pod wonder. That all 8 anomalies have a high potential of being composed of massive sulfides!