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: What's the plan fellow Longskys?

What's the plan fellow Longskys?

posted on Apr 03, 2008 01:38PM

So many posts hoping, hyping, praying and moaning for imminent news!

What's the battle plan?

Let's say, just for fun, that we shortly have news releases a plenty verifying DE 2 and DE3 and Lord knows what and the stock price starts to soar.

All of this excitement (leaving for one monent Windfall) areound the ROF is centred around roughly 5 km of land which represents a very small part of the Noront holdings, which I understand continues to grow almost daily.

Old Joe and a few others continue to address (quite correctly in my worthless view) the fact that we are still in the early, dare I say, preliminary stages of this discovery. The drillers and geologists will continue to study this area quite likely for years into the future...a gradual, scientific process to delineate the extent and hopefully, the source of this ore body.

That is not to say that the share price won't continue to jump to new highs; I have no doubt that it will. In the short term, perhaps 6 to 12 months, with the pace that the comapny has set, there are many reasons to believe that we will be at a multiple of where we are now.

But then what? Are my fellow Longs going to cut bait? Is there the willingness and dedication to see this through to the eventual buy out? Am I going to have to become familiar with a new bunch of characters?

The purpose of these questions is to get everybody to thinking about their endgame, where it is, what is expected and how your own personal tolerances for risk will inform your decisions. Do you have the patience to see this through to it's conclusion?

If you do, then don't worry about the short term news and the day by day progress. Keep your eye on the big picture and try not to get too excited about the positive news which will likely soon be here. The converse as well is true:don't fret the set backs.

We are on a long road. Let's not get to worked up about the timing of our arrival. It looks like the final destination will be well worth the wait. Richard clearly knows the way

That being said, I am pleased that this vehicle in which I am a passenger has these comfy seats that recline so far back that I can...

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz...

Wake me up at $20.00 (for a rest stop!)

crazydik

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