Re: Future Direction of Not….Hoov/notster
in response to
by
posted on
Apr 08, 2009 01:37PM
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)
Dony, you caught me on the wide open. lol.. I could'nt have asked for a better analysis of my post. Thank you, Don. Given the general economic conditions around the planet, nickel and chromium horizons may be on the back burner for a while yet and the BOD's current program to drill the living u know what out of the area is fine and dandy. It really could take quite some time to make a substantial turn around to the point where these metals are once again sought after with zeal and zest enough to push prices up. It just makes sense to me that this route would be very fruitful in the longrun, more so than that of some huge buy out for the here and now types which 10 years later looks rediculously miniscule as the Mining District known as the Ring of Fire moves forward in time perhaps controlled by some foreing entity. I'am all for keeping it Canadian. The past 3 months with NOT have certainly given all Noront Resources shareholders ( myself included) much time for pause and collective reflection on the past goings on and the future of this stock going forward, there have been many theories and calculations as to the state of affairs at the "office" put forth on the forum over those same months, we've fought, we've laughed, we've picked on each other on the flatscreen vacumn mostly due to the general lack of progressive information coming from our current BOD. Most will admit to being currently in the dark info wise all the while chasing after any scrap or tidbit of info from in and around the Ring or odd chance of a hit from the rumor mills. Its well known by all that there are the stealthy lucky few with thier long list of contacts and superior DD techniques than that of the average fellow whom tend to have more information than others. There was a time when this "special"info was readily shared, a time when the willing sharing poster was proud to put it out there for all to see, proud to help out the fellow shareholder, sadly though , those times have passed for "openly" sharing and openly stating those juicy tidbits of what i call...."Beautiful Glorious Information", The board is a much different place today than that of 3 months ago, hopefully we can get that back here, so then, just what do we do when faced with a news and rumor vacumn, we go back, we dig, we read everthing there is to read about our stock and any stock remotely connected, we look at what's in the ground and how to get it out, we scoure the Net looking for the next tidbit of BGI, we look for the little things which back then stood out but did not necessarily fit the time and space but now it stands out even more so today because the time factor between then and now has allows us to have some DD perspective, and we actively participate as a group in getting the word out about the Ring. But most of all, we look after each other because in a vacumn we are all we've got. That is of course until the next news release......lol.