To put this into perspective... from this point forward ever $1.00 gain in the price of Nickel should translate into $92MM in market captialization or $.70 per share value for Noront.
I calculated this by taking the difference betweent he Noront Scope Study and the Genuity Report. I agree the line is not as flat as I designed it, so it could be more like $80MM for the first $1.00 and as you get closer to $10lbs nickel more like $110MM. But $92MM is the average and close enough....
Keep rising Nickel... I expect we will be back to $7.50lbs for nickel in the next 6 months (Nickel will not be mined at values less then this!). This will double our market capitalization alone.
If you live in the US please vote for McCain - we need as many nuke plants being built as possible to get that nickel price up... although this is not a political endorsement.... Although I think Barack will tax the crap out of our gas - so the Nickel used in makeing hybrid batteries might offset?