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: R Nemis

R Nemis

posted on Jan 04, 2008 10:13AM

Just returned a New Years call and we generally discussed the abysmal response to what he felt was exceptional news Noront has recently put out.

No specific questions where asked about progress as he will release news as it come and when it comes. However he is more than a little annoyed at the market response. One comment 'do you see anyone in management selling' another when I mentiioned this will all be history when the price hits $8 and he sharply corrected me by saying 'I'm looking for $28.00' and when I said OK but that is months and months away he responded 'Not as far off as you might think'.

Dick was certainly a bit fiesty. Maybe not as annoyed as some on this forum but definately not happy with the response to progress Noront is making. 'Blue Sky' is one comment that sticks in my mind.

One small piece of news that will be welcome is that someone from University in Sudbury called and they may be able to do the lab testing for Rhodium and some other unspecified metals that up until know have been done in Australia. Might just speed things up?

 

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