Re: Getting excited!!!
in response to
by
posted on
Aug 28, 2013 10:01AM
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)
You could very well be right my friend. I am a "plan for the worst" type of guy, so getting my average below the big boys was a must for my own sanity. I would like to see this through right till buyout, which I hope is a while out as I do believe it is "worth" much more than $1 or $2 a share. I just hope the big money sees it that way as well.
I still believe strongly that we have only seen the tip of the iceberg in regards to the resource. Until FN agreements, infrastructure commitments, etc are in place, as well as letting big investors get a second run at Noront, we won't see the true story. Once this happens, we will magically turn the drills back on, and low and behold Eagle 1 etc will triple or more in size. Just two cents from a cynical guy.
djje