Very difficult to figure out with this play. Anyone with money could really benefit today.
Trying to figure out where the news is. We know they were drilling north of FWR.
We also know they were and are drilling AT 12 near the FWR boundary.
We know they have been drilling a few holes near UC a while back.
The reason I post these is because I am wondering if this news Noront is gathering is more directed at the plays they are working near rather than benefiting Noront itself to the degree that NOT feels comfortable releasing the news.
For example, they drill near U.C. and it in turn along with its management gets exited!!
They have jv'd with PRB. for 50/50. Thats out in the open but what I'm wondering is if all roads do NOT lead to NOT but rather away from NOT to other surrounding plays?
I do not mean that NOT is worthless. On the contrary. I'm still buying. This is a steel right now.
The fact of the matter is that we are getting no news. Now generally speaking or so the saying goes: "no news means there is nothing good to report." I cannot believe that. Especially when they release the Vanadium hit right after FWRs release for spite, so they do have news or results.
I believe we should give Wes a chance with this play. The thing that bothers me is that he has obviously been around the office or acclimatizing himself with the play.
An announcement should be made to retail in some way by this gentleman. I was expecting some type of welcome even a video or audio feed. Then again Agoracom is not affiliated with NOT by contract anymore so I suppose they could post an address on the NOT web site.
Don