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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Message: Valuation

Valuation

posted on Jul 09, 2008 05:36PM

It seems like we are at the rock-rock bottom price for this stock and here is why I think Noront is safer then a CD at these levels.

$272MM in Market Cap.

$ 50MM in Cash Right now (I am not sure it might be more like $70MM does anyone know???

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