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: 20 Eagles Nests?-2008
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Aug 24, 2016 08:42PM
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Aug 24, 2016 08:58PM

I would be careful not to equate "trading at $7" and "worth $7." There was a bit of irrational exuberance at the time. Also, there have been some significant changes since then which also detract from share price ... a much higher share count, collars around our neck from certain partners, lower ore prices, changes in foreign exchange, etc.

I will, however, support the idea that Noront's share price should be significantly higher than it is today. We just need confirmation of infrastructure and some sort of FN acceptance to unlock that value.

Patiently waiting ... hopefully not for several more years. But I will, if necessary.

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