I've been reading everyone's posts daily and appreciate most of them.
We had news of PPI (passport ventures ) & Noront's JV and also there is news with Bold ventures today. I'm posting this because companies CONTINUE TO WANT JV's and WANT to continue to spend money. Ask yourself WHY??
I was disgusted by the Sprott comments on BNN and the lack of detail in the Toronto Star article. The Toronto Star article mentioned that the juniors have not been doing much drilling of late. Why did the article not continue with ..this is due to the ice break up conditions and drilling is to resume. Where is the mention of DE2 and the ongoing drilling? Where is this information!! Now that breakup is over companies are drilling. Didn't probe have a news release today! What about FNC? I've been burned so so many times when inaccurate, misleading information is released , share price plumments (the old dumb dumb me selling along with the sheep). This was the "old me". I saw April 23 what misleading information did to Timminco share price. Sheep sold, accumulation occured and stock went up. ( I was a buyer that time with TIM). I've seen this with Potash too. Crazy as it sounds I feel better when I hear a negative slant from Sprott and read an incomplete, misleading printed story from the Toronto Star.
When they toot their horns "sell"
When they crap on the stock buy. I learned this the hard way many many times. I am a buyer today. Thanks for the heads up with the stock defecation routine. Can it go a bit lower after I buy? I don't have a crystal ball.
I also know that I intend to enjoy my summer and spend some time with my daughter doing fun things and not waiting to get that last penny cheaper staring at the computer and then having to buy new glasses from the eye strain. When I go shopping at the store I get excited when I see something that I like on sale. Can the price be further reduced? Sometimes but then I take the chance they won't have my size or it won't be available at that price when I'm back in next time.
I just know at these prices, the fact that jv's continue to spend money, the fact that drills are turning, the fact that Noront has hired more people not less, DE 1 is still open, DE2 drilling continues, ice breakup is over etc. I guess we are in the "race against time mode".
One great news release from someone, Noront is drilling DE2,
Probe is drilling etc. can put some explosive power into this stock.
I've made the choice to enjoy my life and have some very needed fun and not be greedy. Happy with the bargain and I wish all Noront shareholders happy times ahead.
If anyone is interested I put the bold NR below.
Bold Ventures Inc.: West Nickel Airborne Survey Starts in James Bay 'Ring of Fire' |
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VANCOUVER, BRITISH COLUMBIA, Jul 8, 2008 (Marketwire via COMTEX News Network) --
Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold") is pleased to announce that Melkior Resources Inc., has been advised by Fugro Airborne Surveys Corp. that the Dash-7 aircraft was mobilized to start surveying the Bold-Melkior West Nickel property on July 3. The MEGATEM Geophysical Survey is designed to locate electromagnetic conductors (EM) and magnetic targets that could be associated with accumulations of sulphides derived from ultra-mafic intrusions.
The proof of deep search capability of MEGATEM on Melkior's East Rim property and the timely delivery schedule presented by Fugro has prompted Melkior to contract Fugro to undertake a MEGATEM survey of the Bold-Melkior WEST NICKEL property. This survey work will be operated by Melkior on behalf of Bold Ventures Inc. and Melkior Resources Inc. The property covers 909 claims or 14544 hectares. It is located approximately 20 kilometres north of the important Noront Eagle 1 and Double Eagle nickel discoveries and 20 kilometres southeast of the Metalex-WSR massive sulphide discovery.
A review of technical literature on the deposition of nickel sulphide deposits clearly indicates that significant accumulations will occur within, or on the margins of, large mafic to ultra-mafic intrusive bodies. The high density of these rocks will invariably result in an appreciable gravity anomaly, and therefore nickel sulphide accumulations will be proximal to these anomalies.
The WEST NICKEL property covers the majority of an important gravity anomaly located at the approximate centre of the "Ring of Fire". The ROF wraps around the Bold-Melkior gravity feature.
The airborne survey currently underway will consist of approximately 1440 line kilometres at a cost of $300,000. The data will be available to permit Bold-Melkior to undertake ground follow-up and drilling in the coming months. Upon completion of the airborne survey Bold and Melkior will enter a 50-50 joint venture.
This news release has been read and approved by Jens E. Hansen, P.Eng. a Qualified Person under NI 43-101.
ABOUT BOLD VENTURES INC.
Bold Ventures is a Tier 2 natural resource company on the TSX Venture Exchange, trading symbol BOL, with 11,750,000 shares issued to date. The Company's main emphasis is on two Copper-Nickel exploration properties located in the McFaulds Lake "Ring of Fire" area of Northern Ontario. Bold has an option agreement with Noront Resources to acquire a 50% in the RING STAR NICKEL Project, as well as an option to earn a 50% interest in the WEST NICKEL project with Melkior Resources. Bold has also acquired a 100% undivided in interest in the Kentucky Lake copper/gold exploration property in the Nicola Mining Division, located in British Columbia.
ABOUT MELKIOR RESOURCES INC.
Melkior is a discovery company engaged in the acquisition and exploration of exceptional Canadian mining properties located in Ontario and Quebec.
CAUTIONARY STATEMENT
This news release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Bold, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and results to differ materially from Bold's plans and expectations as detailed herein and from time to time in the filings made by Bold with the TSX Venture Exchange and securities regulators. Bold does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
On behalf of the board of directors of Bold Ventures Inc.,
Gary F. Zak, President, CEO and Director
SOURCE: Bold Ventures Inc.