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: Re: SHORT TERM CONCERN!
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Apr 30, 2008 05:31PM
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Apr 30, 2008 05:51PM
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Apr 30, 2008 06:11PM
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Apr 30, 2008 06:14PM
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Apr 30, 2008 06:22PM

Yixter,

I can think of a great reason to not let us in on what they are doing. The more time they buy with silence, the more resource they can prove and the higher the price for it in the end. Why not let the majors think this is a one-hole ( or two or three) wonder...Noront won't go at bargain prices if there is so much Nickel (etc) that it becomes a liability for the big guys to let a competitor get at it.

And who's to say that they aren't working with the other juniors (informally), giving them time to come up with the two of the one/two punch! That is a very saavy strategy. When they finally reveal all their cards, suitors will scramble to be first in line to bid....and isn't that what we all want....a nice big, juicy bidding war.

I'll wait on the edge of my seat for that!

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Apr 30, 2008 07:13PM
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