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: Saw the stock price is up

Well, for the past few years, Noront has jumped up to between fifty and sixty cents quite a few times, before always seeming to settle back to thirty or lower.  I'd consider it a safe buy at fifty or sixty cents, thinking long term, even if nothing happens for another year or so.

However, based upon a confluence of possible events in the next few months, I'm thinking it's definitely worth a gamble right now.  There are Alan's recent comments, the Algoma situation, and the spring election putting pressure on the liberals to show some major progress.  I bought a few thousand more again this morning, but if it drops back down into the thirties again, I won't be worried.

 

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