Re: BURNT HILL - wbathurs
posted on
Mar 07, 2008 08:50AM
Though a NI 43 - 101 is NOT at all a requirement for listing on the other exchange the combination of the two would make Noront more attractive to the Institutional set. These investor types do look for long term investment and will move in in larger numbers when the SP is far above where it is at present. In fact the Pension Plans are very likely looking very closely even now and many of them prefer to take very significant equity positions in Long Life situations. So, with more new anomalies under our belt very soon and then a NI 43 - 101 containing data to easily make extrapolative comparisons between the IN 43 - 101 and all subsequent discoveries getting the NI 43 - 101 right and allowing the necessary comparisons to be made will on its own put this play far and away up over the top.
Bargain Basement buying anyone.
Question to anyone in the general area of northern Ontario: How is the weather up there? Are you dodging the moist Gulf air mass giving it to southern Ontario? Is the typical Arctic High keeping the nasty stuff away? (down south) I know March is a typical Northerly in the south, thus the snow now, but is it strong enough to keep the moisture in the south as well?
Old Joe
PS: Just sitting back and looking for the next good bargain to come my way.