13 holes
in response to
by
posted on
Dec 21, 2010 11:11AM
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)
13 holes?
Will one of the more prolific NOT posters call Wes regarding the 13 holes and post a reply?
Ask:
1)When might we have a new NOT NR?
2)which holes have assays still to be announced?
3)how deep were those holes.
4)were they geophysics holes or target anomaly holes,
5)when might the assays return?
6)when might he release hole results?
7)Does he believe they in themselves are significant
8)Does he believe they are indicators for the next target?
9)In addition to discovering more targets, will he intend to hit Eagle’s feeder zone next quarter? If not, why not.
10)Over the break, you’ve been studying geophysics for next target. Where are some of the new targets that you are considering? What new insights have been revealed?
11)Have you spoken to the large shareholders about Noront being under $1.00. Are they confident Noront will rise again. Who is and for what reason. Would you have any objection to our contacting them. If yes, for what reason?
12)Shareholders could use some handholding. Are there any quotations or insights you could provide me to post that could assist with shareholder confidence? Such as , “I am confident Noront will rise again due to…”
13)If there are things you could say, but are not allowed due to material information. Perhaps as a Christmas Gift put it in a News Release.
14)Following your massive salary announcement, the SP dropped below $1. Despite Noront having all the nickel ore in ROF, we are less than double FNC who has none and ¼ of Probe.As CEO, do you feel your job requirement is to maintain SP level as well as provide shareholder value?Are there plans to explore other properties to diversify?
15)If Wes’ response to the SP question is that his job is to provide Noront value and the SP is beyond his control, then respond: Should the SP drop further, Noront become an extremely attractive takeout target due to the land holdings. Particularly to Cliffs. Should Cliffs approach you first with a friendly offer, would they call you first? If not, then whom and why? Do you still feel your job is not to maintain SP level?
16)If he answered yes to if his job is to maintain an SP level, then ask, “How would you rate your job performance?”
17)Finally ask, “If he were not management, but a mere retail shareholder, how would he perceive a CEO given a million salary with a plummeting SP? What actions would he take to motivate a CEO to get that SP up? Would he sell of Noront, due to lack of confidence?”
18)No matter what his answer from this question, repeat question 12 and 13.
19)At any point during the conversation you whimp out and what to let him off the hook, redirect with what he thinks about Northern Superior’s discovery, has he talked to Thomas? Are there any geological similarities on Noront’s land?
-StockGreed
(No, I'm not going to call, cause being provocative is not usually helpful, nor is it my personality. Plus, I'm having fund on x-mas holidays)