Re: To Sell Windfall or Put It Into Production
in response to
by
posted on
Apr 04, 2008 05:38AM
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)
Good Morning All,
As we wait (patiently) for the news that will lift this undervalued share price, it is interesting to finally see more discussion regarding the preservation of value in the other assets of Noront. Double Eagle is the darling at this time, very deservedly so, and will require the bulk of the companys time and monetory investment. Putting Windfall into production is very likely not feasible at this time due to these constraints and selling it at this time would not capture the potential value in my opinion. Richard Nemis will very likely choose the best avenue to deal with the issue, based on all the information that he is privy to, and splitting the other plays off is one of them. We need to discuss these variables in order to understand the posture that he takes. GLTA
Notie Girl