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: Re: Interveiw - SG
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"Wes now needs to drop all pretense of the solo Noront and make investing community realize Cliff's 1.5 bil plus gov't pumping has made Noront seriously undervalued at current SP."

It seems to me that you misunderstand the situation.
Wes is not Pretending about developing Noront mines on our own, he seems dead serious.
( I do not understand how you latch on to the Pretense idea, unless you buy into the negative propaganda.)

Also the fact that Cliffs and government may be developing transportation infrastructures should instead of undervaluing us, means that we will spend less on these and should represent value due to savings to us.
The devaluation that you see now is more likely due to powerful interests wanting our sp low so that our shares could be transferred over at a lower price. My argument for that opinion is -

Why are the smaller plays not being devalued similarly?
Because they do not hold as much value and are not significant enough right now to be bothered with.

What interest occurs with the other plays is mostly from retail. Should any of them discover any thing substantial, watch out for devaluing events after the initial euphoria.

(Freewest as example.)

I would like to read your reasoning and basis for your conclusions, I really would like to be shown wrong.

PM me if you please. Ed.

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