Re: Logistics Ban, no action?

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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Re: Logistics Ban, no action?

in response to

Logistics Ban, no action?

brattymack

posted on Feb 17, 2010 05:35PM

I have been told a few times by JJ that until she has a signed agreement on her desk from the FN, Noront will not put out any news about the logistics halt.

So here we sit, at a relatively low price where people are scared by the uncertainty of the FNs logistic halt. Once it is announced that the halt is lifted and all parties have agreed to negotiate in good faith over the next 6 months, we should move up.

If there is delays in lifting the halt, then we better all be willing to sit on our shares a little longer. If that happens, I will try to find some money to buy more shares at the lower prices that are sure to come.