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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Message: Re: Noront interest.
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Icon president 12th Asian Ferro-Alloys Conference
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Babjak1
Mar 13, 2011 07:27PM
Re: Noront S/P
21
lakeside
Mar 14, 2011 10:07AM
"I still found it a validation that guys in the know..are of the opinion we are very under valued."

That comment is worth repearing.

It does not take a genius to know that Noront has a very valuable resource at Eagle's Nest. Valuable not mostly due to size, because there have been and are larger resources elsewhere, but that it is very profitable to exploit. I mean how often do you find resources that are multi metal and potential profits are estimated to be at least five times over operating expenses ($650/$120).

OR... those 'guys' have heard a rumour or two regarding potential take over targets and are quietly garnering a few shares for themselves.

Who would have thought?

Many Thanks Lakeside for that tid bit.

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