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)

Free
Message: NOT vs FWR...

Ok, Joe you got your rant in, and I know how good it feels to get something like that off your chest. However there is the other side of the coin.

Whichever company one is invested in, it should always be very important to you to know what anyone else is doing in the vicinity. That is one of the rules you must employ in your search for gains in this market. And I will reiterate the only reason any of us are here is for the gains. To be honest, I don't really care whether NOT or FWR or anyone ever builds a mine in the ROF. I do care that I will make a mint in the runup to them doing whatever they eventually do.

A good example of this is when Noront was first halted for eagle1 back in august/07. Canseco came up with the rumor that the hit was nickel in Mcfaulds Lake a couple of days before they actually announced it. With a bit of due diligence, I discovered SPQ was drilling in the area and actually had assays pending. I managed to buy up 2.3 mill shares at 4 and 5 cents before the announcement. Not for anything that SPQ had going for it, but because the rumor of a big hit with NOT. I sold the lot a month later above 20 cents.

As donny says these companies are all related to some degree and it is up to each of us to glean whatever gain we can from knowledge of their interaction in the coming months. I say lets talk it up. The more the merrier. After all, we are all going to be rich and someday soon the cameraderie on these forums will be very close to our hearts.

Also good night

K

Share
New Message
Please login to post a reply