Re: How to raise a steady declining SP

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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FANTOMAS

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Re: How to raise a steady declining SP

in response to

How to raise a steady declining SP

IAMSUDBURY

posted on Apr 30, 2010 05:09PM

Do good grades and big intercepts on infill drilling get the market to buy so we charge in a upward way?

Good argument, iamsudbury.

Is it a waste of money to do infill drilling, which has the only effect of upgrading inferred resources to the indicated category ?

What would be the advantage of having indicated resources ?

Yes, I know, good for feasibility. But honestly, who would see Noront in a different light, if we had more tonnes in the indicated category ?

The most recent tripling of our resources has done nothing to the share price, so why would this category upgrade cause a different effect ?

Is this money really not better spent for the search of new deposits ?

Any takers ?

FANTOMAS

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