A new Theory

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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Francis Dube

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A new Theory

posted on Jan 26, 2009 04:47AM

I think we all agree that Noront's BoD has chosen at the very least a very conservative approach to News Releases, at worst a manipulative environment to keep the Share price from climbing too high too fast. When rereading the Voisy Bay Hustle, Friedland did the exact opposite. He manufactured NR to be overly optimistic to keep driving the SP higher and that gave him more bargaining leverage with Inco, Falconbridge, Teck...So why would our BoD be doing the exact opposite?

After thinking about it, I do not think it gives them any edge with dealing with Majors at all. If anything, it may hurt them. So the only explanation I can think of is that they are close to getting on the TSX and want to be seen as a responsible conservative company. Anyone else have thoughts on this?