re: junk... don't be confused
posted on
Dec 10, 2010 09:30PM
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)
the company is not junk they have the goods in the ground, and we, and they, know the value and it is many billions of dollars. It's the CEO and BOD that are the garbage IMO, and we i.e. the retail shareholders are being played for suckers. Lets get real folks, with these clowns running the show we do not stand a hope in hell of ever seeing our investments materialise into a meaningful return on investment. One can only dream as to where the SP would be today had RN and JH still be running the show, it's only speculation but one thing I'm damn sure of we wouldn't be sitting today at 0.89, wtf is that all about!!!!
To say that this is SP is being manipulated by the large institutional buyers and Noronts BOD would be a gross understatement. To say that I even remotely have some respect for Wes or Hamilton et al would insult my intelligence. The family choose our investments only after careful due diligence. We saw the merit in this company and after talking to RN we bought in and were rewarded with Windfall, then on discussion with a few of our analysts we realised the potential of the ROF and invested more $$. We have a lot of $$ in this stock and based on assays this comany should be worth in the region of $5-$8bill. Are we wrong? obviously we are, because based on the SP we are out to lunch: why; not because the goods aren't there or our evaluations are out of whack but because we are being suckered by the manipulations of some extremely large investors, and one can only assume they are being supported by the BOD , otherwise we would be hearing something positive from them instead of silence.
Is this only me blowing off steam , you bet, can I prove any of this, doubtful, but please if anyone , and I mean anyone, out there can give me some plausible reason and back it up with facts as to why this stock is sitiing at 0.89 then please for gods sake enlighten me.
Joe