Agoracom: Small Cap Investment - Noront Resources - Re: Noront Resources 2,104,398 shares for debt

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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nickcdn

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Re: Noront Resources 2,104,398 shares for debt - Stockwatch

in response to

Re: Noront Resources 2,104,398 shares for debt - Stockwatch

Sum4All

posted on Jan 14, 2014 08:26AM

RCF cares about RCF. They are acquiring more and more shares and averaging down. This is exactly the same as what happened with Baffinland. They made lots of money but a lot of investors lost money.

If your average is significantly above RCF, you probably won't be making money.

RCF are not mine builders. They are billionaire investors looking to make even more money.

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