Re: We need a new CEO./Windfall valuation..
in response to
by
posted on
Jun 13, 2008 10:51AM
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)
Nice factual backup for your position and since Noront is a long way from preparing a 43-101 on Windfall you're more likely to be right than I am. Perhaps once Noront gets credibility for their 'ROF' holdings it could also boost the markets valuation of Windfall as well.
Genuity seemed to put a lump some value of about a dollar a share on Noront's properties outside of the 'ROF' and yes that's very rough, perhaps high, valuation and time may actually increase/decrease that valuation.