Might we be getting close?
posted on
Sep 19, 2013 08:50PM
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)
I don't know how else to say this, so i'll just do my best............Is there ever some real bull$hit being written on this board as of late.
People are throwing numbers around about ex CEO's without any regard for fact or common sense. Others talking about options as dilution even though they were never exercised. And more ranting and raving about management as if their goal in life was to screw shareholders out of money. I am embarassed to be a part of this forum.
I have no problem with intellectual banter back and forth. No problem even with a pessimistic view point.......provided, there is at least some substance behind it. No problem with the odd bashing, but as of late, this place has become a cesspool for total and utter crap. It really makes me wonder whether we are very close to a major event.
No matter how hard i've tried to make sense of the posts here, I cannot. There are clearly motives. Whether it's bitterness, monetary gain, or grudge related, I'm not sure, but it's obvious to me that many here don't wish Noront success. Everyone has the right to hate or love this company. Everyone has the right to buy or sell shares. And everyone has the right to an opinion. But I have an honest, simple question:
Why would you own Noront, or any company for that matter, if you felt the BODs only goal was to screw you?
It isn't logical. Even if you loved the assets, and the potential assets, would anyone own a stock when they're ripping down the very people that dictate the companies future? The truth is, no. I personally think our team is doing a great job, a really great job in fact. Progress is being made, that is for sure. If some don't see it, or don't like what our team is doing, that's fine, but why on earth would you follow up your criticism of them, and the company, with the purchase of stock?? Isn't that against every rule of investing? Shame on you for not following your gut. In order for any of us to make money here there has to be some level of trust towards our BOD, period. I would caution anyone, even if i disagreed with your opinion, to invest in anything that you don't trust. Seems like a recipe for disaster.
I hope we can find a way to make this forum a place for investors to come and find factual, intellectual, even speculative information on Noront. As of today, we're no better than $hithouse. Good luck to all Noront shareholders, stay the course and trust only yourself. Do you own DD, better yet, call management yourself and draw your own conclusions.
djje