Being its the weekend....a quick thanks for the Golf Tourney
posted on
Sep 20, 2008 07:08PM
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)
My better half and I just wanted to thank Stratopod and QQGirl for setting up the golf tourney today. It was a lot of fun and the weather was "perfecto". The meal was exceptional as well and the prizes were just an added bonus. It was great meeting with over a dozen of the NOT investors that frequent this forum. Our discussion was also interesting. We have a lot to look forward to over the next few months. I'm going to keep buying no matter what others think I'm doing when I say it. I'm buying because it makes sense...good investment sense.
Here's how it goes:
If you "believe" in the company you buy in....if you buy in you buy in low...low is only the price you think it will take off from. In this case the market and lack of news has driven us down. No fault really of the company. I'm sure news will come that will bring interest back from investors and the price will rebound. Because "I" or rather "We meaning my better half and me" feel strongly that this will in fact occur..then this price is too cheap to pass up. We're averaging down when the market it out of favour. The market is out of favour "not NORONT" .
There are a number of us that are in deep with this company and others within the ROF. There is too much activity in the ROF to tell me there are only speculative companies playing in this game. We are going to be told something big..whether it is now or in the next few months. Soooooooooo...............again I will be buying at every opportunity. I buy as I can afford it. I buy when I have cash to put down. I'm not selling my house or children's future to get more shares, but man I'll certainly pass up some luxuries to have a chance to make a better financial future for my family. In either case, whatever happens will be based on a ton of overtime I've worked over the last year. Most of it is in NOT and my Stang. But there's still a lot in the bank to pick up shares on the cheap.
Will we ever see this price again...maybe....but likely not if everything is as it should be. Will we go to 1.00.... maybe...but then I'll keep buying more. If we jump to 3.00 overnight...then I'll start to slow the buying again in case it reverses.
Remember the technical analysis thing I said a few weeks ago. If the 20 day moving average crosses over (above) the 50 day moving average and "stays there for a few days...AND if the Relative Strength Index is low (20 ish) when all this happens it means the buying market it weak (out of favour thing) and the stock price is ready to move upwards for a bit...how much I don't really know at any one time. Right now we are below the 50 day moving average...with a few times hitting it before this last market meltdown. We have to move back up to 3.00 before we're even close to crossing the 50 day moving average and so until then we're in bargain basement territory. NOT a thought in my mind. Get in while I can and get in as much as a can based on realistic budgetary thinking.
All the best to everyone and thanks again to those NOT shareholders that came out to the tournament and made it such a success. Thanks again to Stratapod (enjoy your Ipod..you deserve it) for setting it all up and to QQGirl for assisting. Great day...!!!
Lets look forward to better days ahead. I think we'll be smiling a lot more when the first snow flies..and that won't be anything to do with weather..
God Bless all...
Mustangman