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: Off Topic - BUT:

Off Topic - BUT:

posted on Mar 22, 2010 10:54AM

Nova Gold just added over 2 billion $ to it's assets ( 1.7 billion $ market cap) from a 50% ownership of Donlin Creek property which updated the resource by 4.3 million oz. of gold but their share price dropped today by one and a half percent ( as I write) insted of being up several percent.

Cause? Perhaps the take down of the gold price this morning.

But the resource update should have trumped the gold price, imo.

This is just an example of another company being shot down at release of good news.
Noront is far from being the only or outstanding victim.

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