posted on
Mar 20, 2010 10:19PM
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)
Message: Re: Update - what's new?
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Hoov....perhaps since Glorieu doesn't have access to a computer at this time, he missed the news....I think they covered this in their release....
"Noront will immediately begin the process of flying in fuel, drills and other material to Koper Lake with a view to resuming exploration as soon as possible."
and this...
"Initially our exploration will focus on continuing to add resources at the Eagle's Nest and Blackbird deposits with additional exploration at AT-12."
Now with regards to some of your other points...you stated.....
"After that, they will do a "hole 49 type" hole to approximately 2000 metres, to immediately determine everything they can about the extent and type of mineralization to that depth"
.....seems you're suggesting a 2000 meter vertical hole. Did they not have a 1500 meter drill on site some time after hole 49? I assumed at that time they would do a 1500 meter vertical hole with this drill....which it does not appear they did. Furthermore; if that is their plan, why would they not mention this in their latest news release?
Then you mention this...
"Noront is fully aware that takeover rumours are swirling, and is doing everything possible to ensure that shareholders obtain full value for their investment."
So instead of them mentioning their specific plans to drill to 2000 meters, we have to hear it from you.....who heard it from Glorieu...who heard it from them....
Is this how they plan to ensure shareholders obtain full value...by telling one shareholder something....so he could tell another....who could pass it on to others?
Now, I don't want to seem unappreciative to updates and all....it's just, I don't understand why management who supposedly wants to get our share price up to where it should be are not including stuff like this in their news releases.....rather we have to hear this from others like yourself...
I personally don't want no go between man....I want to hear it straight from the horse's mouth...as the old saying goes.
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