Black Swans and the $2.40 stock price

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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rek

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Black Swans and the $2.40 stock price

in response to

Re: Black Swan???

Justduke

posted on Jul 08, 2008 10:09AM

Justduke,

Thanks for your interest in the "Black Swan" perspective.

To avoid my repeating the details, may I suggest you go to my "post history" on this forum, and read my previous posts on the topic?

In any case, in a nutshell, a "Black Swan" is a real but unexpected and highly improbable event. Because of this, most people/investors/traders cannot believe such an improbability is actually happening.

I, and some others on this forum, believe that NOT.V, and McFaulds itself, are hugh positive "Black Swans." That is, they are real but so improbable that most investors/traders do not (yet) believe it.

NOT.V sold today for $2.40. This tells me its current "true" value is not being recognized. By the end of this year, however, I personally believe NOT.V's reality will be increasingly understood and its stock price will be multiples of $2.40.