Re: Take out in the work
in response to
by
posted on
Jan 24, 2009 12:30PM
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)
Unlikely, it is just too early in the exploration and frankly the identified pot even throwing in Chormite too small. The current exploration season could of course change this picture and change it fast.
What I'd like to believe is Noront management sat for just a bit on the just released news so they could quickly follow it up with some visuals or other tid bits of information. A follow up news release early next week could get the pot boiling.
Logically however we can expect to have to wait just a bit longer than we'd like. Lots of drills turning and not just Noront's. Bit scary for anyone deciding to trade in/out of Noront as sooner or later you're sure to be caught flat footed.