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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Message: Re: >3$/share
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Feb 11, 2014 11:28AM
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Feb 11, 2014 11:57AM
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Feb 11, 2014 01:20PM

I will admit it, I am jealous.

I have been watching Probe and Premier Gold Mines for a while and wish I had moved more money into these companies. I am still committed to Noront and believe I will make a min of 800-1000% return on my investment.

The issue with Probe is that it still doesnt have a feasability study and are still quite a ways off from becoming a producing mine. Also, they are drilling beside and under a lake which create many HUGE problems for mining the gold. (See Cote Project and New Prosperity project relating the water/enivronment challenges). I see Probe being bought out by a bigger player (likely Agnico) like Rainy River was by New Gold. You can doube your money, but Noront will be a much higher return if you have a a very low SP avg such as I do.

Premier Gold looks good with a higher grade open pit (relative to open pit mining). Probe had a lower grade open pit until they found this new high grade zone. Remember though, if they go underground, they will need a large resource with a min of 10g/t due to cost of underground mining.

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Feb 11, 2014 01:38PM
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Feb 11, 2014 02:10PM
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Feb 11, 2014 02:22PM
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Feb 11, 2014 02:29PM
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Feb 11, 2014 05:34PM
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