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: Lottery perspective - another + orders @ 9:49
7
Aug 04, 2010 08:16PM

Another perspective:
15 million people put up a buck for a chance at a cash prize but the gaming
regulatory body ( government ) takes off the top 40%, leaving only 9 million dollars
for the prize. So it is one in 15 million chances for a 9 million payout, and that is
assuming there are no lesser prizes lowering the main one. So no matter what, you are
behind from the start.
A deposit in a checking account is way better because a lottery diminishes value and
merely redistributes remaining value from the many into one or just a few.

On the other hand, you put up a buck into something like a Noront stock, you do not
get assurance of a win but if you did your dd and are patient not only do you have
good chance of keeping your buck but there is a fair chance of a double or better.
This becomes a super term deposit because it has good potential to create value
instead of sucking it up.

Re, Today's early action:
Yesterday the sp rose with anticipation of news after closing ( Noront seems to
favour Wednesdays and after market times ) but with no news in place this morning, we are likely to have a sell off. Mean while the mexican stand off continues. Jmho.


Orders Shares Bid Ask Shares Orders
1 4000 1.170 1.190 7300 3
8 12100 1.160 1.200 15500 4
5 23800 1.150 1.210 2500 2
3 6500 1.140 1.220 500 1
2 10000 1.130 1.230 18800 6

Volume = 1200.

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