Complaining...
posted on
Sep 03, 2010 11:00AM
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)
If you think your car deserves a higher price, then prove it by finding a buyer who thinks the same. Simple as that. Noront SP is low because there are no buyer at higher prices...for the moment. As in any junior plays, this situation may change overnight. Our time will com as the RoF develops. But in the meantime, please stop bashing the crew up, it becomes eventually annoying...
Some posters here seem programmed to complain. The heck about the lack of news. The heck about the lack of substance when the news are out.
People sometimes think that holding a junior explo's share certificate is like holding a show ticket. They just sit and wait for a show that never comes...
A share certificate gives 3 rights to the bearer: 1- to vote at AGM and special meetings; 2- to receive dividends when declared out from profits; 3- to share in the assets when distributed.
OK, I'll give you Number one, you can express your votes at the AGM, and assist in person if you like, perhaps standing on your tiptoes in the back of the conference room... But it is the only show you'll get out of your shares. Number 2 (dividends) forget it, and number 3 (assets) forget it also, just look at the huge red amount at the bottom of the balance sheet...
So your share certificate will serve only to get money out of it when you find a buyer who agrees to pay your price. If you can't find one now, you have 2 choices: 1- sell at bid, or 2- hold and patience. Complaining is not an available choice on the list.
I know that it had been said many times here, but I dare to repeat it again: "accumulating NOT shares at these low prices may be the best opportunity in town!" But when crazydik wakes up, I'm sure some will find a way to complain that they have been manipulated to think that it was too risky to get in @ 1.2!!! Just to be sure that your golf partners will believe you when the Moment arrives, here is a photograph that may some day become an 'Can't believe I was there' photo:
V:NOT - Noront Resources Ltd. - . |
Sym-X | Bid - Ask | Chg | % Ch | Vol | $ | |||||||||
NOT - V | 1.22 ยท 1.23 | 21.9 | 1.22 | +0.04 | 1.18 1.23 1.18 | 2.67 1.03 |
GLTA.
BaBe.
(Again, my point of view would probably differ if I got in first at 5$ or 6$...)