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Message: UPDATE FROM IR

Aliblaba, that's useful comparative information, as far as it goes. I don't know what else NFR has in its pipeline. However, the market is putting a value on its inferred resources of about $21.00/ounce. That's in line with an article someone linked to here, some weeks ago.

If Kodiak ONLY had the Golden Mile, at today's share price, the market would be thinking 2 Million inferred ounces. Obviously, cash reserves and no debt count for something. But so does the larger picture - the other gold plays and uranium.

Perhaps the market is thinking that if the Golden Mile can produce a resource of 500,000 ounces, with the deposit being open at depth and length, then finding many more ounces in the area is likely.

Then again, if I knew how the market thought, I'd be rich.

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