Agoracom: Small Cap Investment - Noront Resources - Re: Response from Sprott

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

railroader

Rank: President [?]

Points: 3171 [?]

Votes: 197 Score: 3.3 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Response from Sprott - Railline and Hodsons report

in response to

Response from Sprott - HAHAHA

tmleafs26

posted on Jul 08, 2008 01:53PM

TMLEAFS,

Same reply I got back from them this winter when John Embry dissed our stock.Here is what is on Stockchase from Peter Hodson.

DON'T BUY

Noront Resources Ltd.

NOT-X

0.000

Deposit may not be as big as he thought, so sold his holdings. Cap X budget will be quite big. Need a rail line that’s about 60km. Continually halt the stock on news that is not that important.

2008-07-08

I have no idea where he thinks we need a rail line of 60 K.The closest places would be Nakina about 300 k south of McFaulds lake, or Mosonee.Not sure how far east of McFaulds lake this would be. I do know it is much further than 60 k.

H ow did he know the deposit wasn't as big as he thought, way back when the stock was still around $4's.