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: New release soon?

Re: New release soon?

posted on Mar 28, 2008 09:53AM

I might agree more with the possible sell on news thought had Noront run way up over $6 in anticipation of news. That hasn't been reflected in either volume or price.

Others have, perhaps more clearly that I, that Noront has entered a different stage in it's development. Some of the speculative fever has worn off at the moment and some substantial investors are now waiting for the DE2 and 3 shoe to drop so they can see if it's a size 5 or a size 12.

Noront management aren't interested in hyping the share price since, #1 they are positive that over the next few months a value far in excess of current will be nailed down. #2 They, unlike others, have all the cash they need and don't need to go into the market to raise operating capital. #3 They know better than anyone what kind of exploration in the 'ROF' is being geared up for by a number of players. They couldn't be more positive that whatever price we see today, Monday etc. is going to bear no comparison to what the price will be in May let alone August.

If you're long stay long and bite your nails in a month. If you're short then cover your x$$x because once the climb in share value starts it will not end for months and months. 

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