Re: We need a new CEO...
in response to
by
posted on
Jun 13, 2008 06:05AM
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)
The retail promotion machine is what has been turned off. I got into Agoracom in March, after Eagle 2 landed. Since then Noront has not been attending any of the resource conferences (well, they were at the Toronto show, but did not book ahead and ended up sharing a booth with Spider). They missed the one at Calgary, and they are not attending the show in Vancouver this weekend.
Just showing up at these events would be more cost effective than hiring an IR person. Show up with the coloured maps and some core samples. RN is charismatic enough, and able to talk in layman terms. The business press attends these shows. Large crowds attend these shows. And not all of those in the crowd are retail investors.
This is what the stock needs. Not cover photos on obscure magazines. Go to the people and they will buy.