Khareema

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Francis Dube

Rank: President [?]

Points: 44898 [?]

Votes: 625 Score: 3.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Khareema

in response to

Re: Noront Announces Economic Mineral Reserve..don't agree with glorieux's outlo

khareema

posted on Aug 24, 2011 02:34PM

Hi George,

you wrote:

gold is dropping like a bomb. Better to be just sitting here, locked and loaded, rather than hoping for drill results elsewhere, in order to buy back in.

While I agree with you that the last 2 days gold has dropped a fair amount, fear mongering as you did ignores the real facts that even after this heavy correction, gold is still up 9% for the last 30 days and 43% for the last 12 months. I would really like to know what central banks would rather hold, gold or currencies of highly endebted countries-there lies the tough choices. I still think gold and gold equities are a great place to be positionned right now.