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)

Free
Message: OK, honestly, what are the chances that Noront will sell out for under $5/share?
Reply New Message
Prev Message Back To Forum Threaded View Next Message

"Do not expect cohesiveness from retailers, and probably from institutionals also."

Precisely my point, Edgy... I don't think that the bulk of institutions would be happy with selling at the $3ish point, what are they going to make on that???

So, you may have a few that will part with shares at that level, but I am of the opinion that there are many more that will want a lot more for their shares...

Thanks all for the discussion. Must go out to work outdoors now.

Herb

2 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply