No drill results and consequences.
posted on
Jun 12, 2011 08:26PM
If Noront did not discover any more resource through drilling, or stopped drilling all together, due to what it has already demonstrated to have, it will have a mine sooner or later depending on when the basic infrastructure is available and based on that certain possibility the sp should be from a few to several times of what it is now.
So to say that the sp should be this low without, or much delayed, winter drill results ( Not to insult anyone ), is plain hog wash.
While being disappointed that we do not have the results, I think that talk of selling or similar just based on the low sp and lack of results is pure emotionalism, devoid of objectivity.