TSXV:NORA.H - Post by User
Post by
nitaisamuraion Dec 09, 2011 5:59am
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Post# 19306307
With the PAA agreement expiring...
With the PAA agreement expiring...soon (april) one would expect this price to move up out of the recent double bottom off the chart and back past the the $3.00 mark and beyond especially if one sees any life in the silver price. With the time decomposition towards April an increasing amount of investors moving into the stock would be doing so based on two factors: not only the expectation that Paa will release the OK company and the stock price after April into the "open" market for higher competing bids by other acquirers or secondly and more likely PAA will make a deal for the property in the near future given that it does not look like that they will be able to fulfill the agreements parameters [feasibility study] by April. Crazy potential and reserves in this property and price looks good here...bottoms up! Namaste