Re: A show of hands please - Knowwhat1
in response to
by
posted on
Oct 06, 2008 12:39PM
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)
- "On September 12th, I posted a note regarding a strong hold of 1 dollar for NOT. You suggested that I get my TA tool checked. I am just wondering what your thought's are now regarding my TA tools being in proper working condition?"
Response: I will let you know when we hit $1.
Seriously, September 12 was the day before I left for San Francisco so I remember it well. For the next three weeks the world global financial markets had a meltdown never seen before. 150 year old banks were now suddenly worth less in SP than their outstanding debt. 10000s of financial workers were suddenly out of work and shareholders saw 1.5 trillion dollars in equity vanish.
I am not sure if your TA tools could factor in (as at Sept 12) the global market meltdowns. My guess is that you either had a time machine or had brought back Nostradamus from the dead. Regardless, the share price shows that however you came to your prediction, you almost hit it today. Good call.
Now tell Nostra to make sure he is right on the $3.25!!
M1.