Following quote was taken out of a posting by Luker on AUM forum ( I own AUM shares) as an illusration as to what is happening out there:

Title = Will your gold juniors make it to summer?

"Because investment in exploration was relatively low over the past two decades, there are few high-grade projects out there to be ‘scooped up’ by a major. As a result, there are buying opportunities in companies that are not glaringly obvious in terms of grade, size, and ease of extraction.
This also puts a higher premium on the ability to scrutinize and assess these projects. Even the better-looking projects, for that matter, need to be held to stringent scrutiny as to whether they make financial sense!"

Read this quote at least twice and compare to our Noront and the Eagle ore.

The quote applies to gold but an excellent comparison to our nickel ore, imo.

1. Ours is a very high grade ore, no matter what combination of metals pleases you.
2. It should stand out as a glaring opportunity due to high return on investment.
3. Yes hold it to the highest scrutiny. The more the better we look.

Bottom line, it scares me as to why we have not been fleeced already with our low sp. Yes Fleeced, anything below 3$s a share is my definitionof it. Think we could not be sold for under 3$s with our sp at 27 cents?

Yes I would be well in the black, but it scares me none the less.