Re: bottom

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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Re: bottom

in response to

Re: bottom

Edgy

posted on Feb 25, 2011 04:20PM

Coswil & Edgy have been exchanging views on the Noront SP "bottom", either $0.77 or $0.78 or some such.

What does this "bottom" actually mean? For example, if there is a general market pullback, or heaven forbid, a correction, wouldn't the "bottom" become a lower figure, i.e.: it is not really a bottom?

Or is this automatically understood and I would be naive to think that my shares will stay at least at or above the "bottom"?