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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Message: Commodities & Economic/Financial Activity

Commodities & Economic/Financial Activity

posted on Jun 21, 2009 02:51PM

Given the Turn(s) in the Business World of Finances, Economic Activity, and Initiation of Long Term Manufacturing Innovations, It is good to see Commodities recover to more reasonable price levels. Nickel could see more improvement but if Copper moves much higher too fast I will wonder if a significant correction is in the works for later this year.

Contrary to what some have been saying about Scarcity of Venture Capital, I seem to be noticing the rather Massive amount of Private Capital being sought and largely being raised. Many of the hard hit Commercial Banks are rapidly sheding themselves of the TARP and Like Funds taken up last Fall through Mid Winter.

Many Minerals Exploration Companies having Something of Significance to Offer, have been raising Plenty of Cash to accelerate their Exploration, Merger/Buy In/Buy Out, and Development Plans. And they are doing so at much better SP prices than they could have ever had hoped for last Fall. Yet Noront resources rushed an UNNEEDED Very Low Priced PP in December! And Noront Resources SP has payed the price EVER SINCE.

And Yet Again, Noront Resources SP continues to remain near it's Manipulated Low while many others with Marginally as Good a Set of Properties/Prospects continue to Recover Very sharply.

Propagandists have been suggesting in recent weeks that all is as should be expected with respect to Noront Resources. Why? Is this what should be expected when it has been clearly demonstrated a Full YEAR Ago that the Company has NOT only the Goods but has them in Abundance. Are Quality Minerals Exploration Companie's Share Holders to expect that when the Company(s) they have Good Investment in Will Be, as in "MUST BE" Manipulated HARD, and with apparent impunity, untill a Few are satisfied they have SQUEEZED as much as possible from the Significant Other Investors in the same best of Property Holding Quality Exploration Companies?

Can such matters be accepted as being NOT only Expected, But also be accepted as the Norm?

Just some thoughts to ponder while BBQing.

Old Joe

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