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Bullboard - Stock Discussion Forum Norsemont Capital Inc. LOMFF

GREY:LOMFF - Post Discussion

Norsemont Capital Inc. > perplexed...
View:
Post by Chincy1 on Dec 21, 2020 3:09pm

perplexed...

can someone enlighten me on why this is trading down here? why is the CEO not buying? is mngt in black out for the 43101? is this simply a tax loss seller right now or is there something i am missing? GLTA C1
Comment by Debentures on Dec 21, 2020 4:46pm
  dm'd you! 
Comment by Chincy1 on Dec 21, 2020 7:33pm
thx.
Comment by Bvukmanic on Jan 18, 2021 3:11pm
I'm perplexed as to how the company thinks they have 7 million tonnes at 1.17 g/t - in tailings, when Shell produced 380k oz at 2.23 g/t. Northgate produced another 35k oz. Oxide recovery was ~90%?
Comment by Bvukmanic on Jan 30, 2021 10:26am
Am I the only one that can do math? 
Comment by Bvukmanic on Jan 31, 2021 12:51am
Also, this is a very low grade deposit, and to make it even worse - it's refractory. The sulphides have never been mined.
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