Re: This is what NOT and us want
in response to
by
posted on
Jan 28, 2009 12:54AM
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)
Count me as one who believes that NOT won't sell until they prove up the Chrome, at the very least. What's the rush ? They have so much more to explore and I think that they know that the Chrome will be enough to attract that major.
So again, what is the rush to sell ? Khareema, Milsy, Canseco, JohnDefur and many others here are saying the same thing. And that's because it's logical. Selling now, is NOT. And the BoD of NOT are very aware of the value that they may get, down the road a piece.
Some posters are not giving this BoD enough credit for any foresight. Ya okay, they tell us very little. I'm starting to get used to that. Yes, I want to see results, some nice drill cores, a TSX listing and the rest. But I am very comfortable in waiting to see what the winter drilling brings. There is much more to this story, before we have to tender our shares.
All based on my own gut feeling opinion and some good sound DD.
Hah ! Now watch them sell today..... Kidding, kidding and even more, keeding.
strato-sell