Outlook for coming week:

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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Relic53

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Outlook for coming week:

posted on Sep 14, 2008 08:17AM

I am confident (hopeful) that the sell off that started in July re: the TSX has or is coming to an end. The TSX had a high of 15,154 in late June/early July and was sitting at or below 12,200 this past Wednesday. Since Wednesday we have seen what appears to be a turnaround with Friday bringing a rally in resources, metals. TSX currently at 12,769 is a good sign. Granted that the financial sector is still in turmoil and NOT’s market cap of 263,524,446 does not reflect anywhere near what this Company is worth. In reading the financial news and all the varying opinions expressed day to day, it is hard to know who to believe. There is a growing trend in opinion that resources are underpriced and may have been manipulated in some fashion by the US when they acted to stabilize/raise the value of their dollar. With all the money sitting on the sidelines, (and I know there is lots) when this market turns, investors will be pouring their money into undervalued stocks like NOT. Any other thoughts on when or if a rebound in resources/metals may occur.