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)
Message: Re: Junk
Selling now, with Noront at a very low point is most likely a mistake, however, for those that feel trapped, I suggest you look for some easy exit point for small portions of your money and try other opportunities, you may find it very liberating.Those are good words Glorieux. I am afraid that the longer you wait, the less the sp will be. Remember Warren Irwin's words. "I'll knock this sp down to 50 cents"!!
I recall that last time the market turned and NOT's sp tanked well below a buck. This after I had sold at 7 and jumped back in at 4 bucks. After that the sp sank. I was down lots as were most of us. There were 25 buck plays down to pennies. It was crazy.
I went over and had a look at the stock boards and found that there were a few greens in a sea of red. So not everything was going down.
To make a long story short NOT was going down and PDX was going up. When their share prices met I just transfered from the down elevator to the up elevator. Sure the stock has a different name but so do a lot of the guys who post on SH. What's in a name
So if any of you do feel trapped this scenario may work well for you. I have used it several times to my benefit.
Good luck to all of you.
Don
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