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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: I posted this on NOT board, posting here too.

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profitz

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I posted this on NOT board, posting here too.

posted on Feb 06, 10 02:56PM

Edgy, you wrote:

"I still think that there is a few cents of down side left for Noront's sp if this native issue continues. $1 spike up when resolved and settling at 50 cents up, imo. Additional good news immediately after the settlement could add another 50 cents."

I am thinking that one potential source of additional good news is if PRB decides to drill north of Eagle for nickel. This is PRB/NOT JV land at 50/50. PRB did geophysical surveys and MMI soil tests back in late 2007 which came back positive for nickel. They drilled there in 2008 but didnt find much. There is speculation that they didnt drill deep enough to prove out what the MMI was indicating. They and NOT have done additional geophysical research since then which is currently being analyzed, but still no final decision on drilling. I am thinking that they wont drill there (NOT wont agree to it) unless they are pretty confident of good results. Thus, I am hopeful that just an announcement of drilling this PRB/NOT JV land north of eagle may provide a nice pop for both stocks. Then, if they hit nickel, then I see both stocks taking off to new highs.

I agree that it would be great to see the FN issues resolved and then some followup good news. This is one possiblity.

Profitz

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