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: Richard conversation

Re: Richard conversation

posted on Apr 01, 2008 12:13PM

Appreciated even though a news release from Management would be better.

The comment about share price having to be over $6 before warrants would be excersized isn't what I'd expect but Nemis knows far better than I how the holders view things. For me Noront is a buy at anything over $5 so the chance to obtain a pile of shares for $5 each seems a good deal. I'd doubt those shares could be shaken out of the tree in quantity for $5. Guess we'll have to wait and see what happens.

Just the fact that Noront believes the share price has to get back over $6 asap is encouraging to those of us who've been adding to positions at and below $6. Sure will be nice to see recovery.

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