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)

Free
Message: Funny thing about Anonymous
Reply New Message
Prev Message Back To Forum Threaded View Next Message

The problem is that in fact we do not 'know' Noront is undervalued.

We do 'infer' from assays and visuals on cores that a much higher value will be determined when the smoke clears and dust settles. Until more assays and a 43-101 is presented however there are a lot of potential investors sitting on the fence saying 'prove it'.

At the moment and for some while Noront will remain 'undervalued' and that's a good thing for those buying in now as they have a good chance to double their money, or more, over time as the 'proof' is put on the table.

As news releases put the pieces of the 'proof' on the table more buyers will come in and share price will slowly rise to the moving 'value' target.

11 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply