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: for what its worth?

Re: for what its worth?

posted on Jul 21, 2008 01:01PM

Noront should keep what it has and not buy back shares. I certainly would not vote to buy back. There is enough resource to cover 129m shares. Put this buy back idea to rest. Do you really want to sell shares at cost? Most of us want a nice profit exceeding 100% and expect to get it. A buyback will not accomplish this.

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