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: the market

the market

posted on May 07, 2008 07:40AM

is very good at pricing in new information.That is why, when the SP rose to lofty new heights after the visuals of hole #5, the subsequent months of discussion of tonnages, grades, etc. don't seem to influence the SP. It was already baked in.

This is why I am extremely positive given this news vacuum we've been in. If we have a backlog of information that's been kept under lock and key, this explains the apathy towards the SP, etc etc. because the flow of information has dried right up, and investors don't know what to make of it.

If Nemis unleashes a barrage of new information , it will be incendiary to the SP. The market will be scrambling to price in this new information, and that is possibly when Noront sheds the $7.00 barrier, except as a floor price.

All JMHO

I might be wrong, and I might be biased, but I'm not uncertain!!!

Share
New Message
Please login to post a reply