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: New to NOT
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Jul 22, 2010 11:31AM
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Jul 22, 2010 01:01PM
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Jul 22, 2010 02:09PM
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Jul 22, 2010 02:59PM

Absolutely, Jacki. I have no doubt that is a big factor in our present situation. And by no means are my comments intended to belittle their feelings on the matter.

However, I tend to be a bit of a contrarian, in that I often don't follow the crowd. This was the case when I bought into FWR when it dropped to mid teens in early 2009. This was also the case at end of 2009 when everyone was dumping SPQ well below the 5 cent mark. It is also true today, with our SP floundering where it is. There is a reason for where we are. We don't know what that reason is, nor do we know if there is someone steering the boat in this direction or just market conditions, but we do know that if someone wants us here, they have their agenda. That agenda will no doubt translate into greater profit down the road somewhere.

My purpose in posting here is not to rag on people who have chosen to sell at this level. Everyone has different needs and priorities. I am attempting to, through logic, encourage everyone to hold tight to what they have, and they will benefit from it down the road. I could probably be rightly accused of pumping here, as I have a very large holding in NOT, to which I have added considerably in the last 2 weeks. I very much want to see no sellers now, as that will benefit me much more than them selling, but I have no problem waiting, in the same fashion I did with FWR and SPQ.

Best regards

K

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CMP
Jul 22, 2010 04:03PM
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