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: Say good bye to under $5 bargain buying/Poly/sum4all

Re: Say good bye to under $5 bargain buying/Poly/sum4all

posted on May 01, 2008 10:51AM

Thanks for calling it 'measured' and indeed I am considered 'conservative' although that doesn't really describe my heavy investment in Noront as many have called it less than prudent and I sure wouldn't let my kids go in this hard.

We all get stubborn and I stand by my opinion that Noront was way undervalued at the prices we've seen the past few weeks. It, to me, was obvious a correction was coming and it was likely to be as fast and hard as the decline. Still a bit early to see how fast and far this change in Market perception will carry us. If it's based on expectation of news then the news of recent drilling and maybe assays could well take us to an entirely new high for the year.

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