Noront Resources Ltd. V.NOT

Some tonnes and grade and $$$

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Sooooo, has anyone speculated on some in the ground $$ values? My calcs go something like this: Known to date: depth extent minimum (from hole 5) = 100 meters True thickness (company release from hole 1 and 2) = 50 metres Strike length (50 metres between holes + 25 external NE and SW until further drilling tells us otherwise) = 100 metres Density (massive is >4, disseminated >3.5) = 3.75 Calculations: 100x100x50 meters at a density of 3.75 metric tonnes per cubic meter equals 1.875 million tonnes of mineral. Hard to spec the grade with only 1/2 of one hole, but that massive is gonna run huge (guessing at least 5-10% nickel if not more), so lets say an average of 2% to account for lots of disseminated, and round numbers are easy on my beer math degree from correspondance university: 2% of 1.875 million tonnes = 37,500 tonnes of Nickel or > 80 million pounds. Upsides: 1) could go much deeper (increase factor of at least 2-5) 2) known geophysical electromagnetic anomaly seen on 3 lines - minimum 400 metres of strike + additional lateral extent beyond that, (increase factor of at least 4-6) 3) the geophysical method they ran only sees above 100 metre vertical depth, therefore strike length could be much larger if its plunged deeper (I wouldnt hazard to guess a factor for additional strike until the first 4-500 metres are tested) 4) large property position in possible new camp. Wheeeee factor. Summary - deposit can easily be 80 million tonnes of Nickel based on holes to date. Additional depth extent factor could take that to 160-400 million pounds. Couple that with the already strong indications of strike extent factor = 640 to 1600 million pounds of nickel. Holy shmoley. Stop the madness. So. Today's guess: 80 million pounds of nickel. Wild and fancy speculation: Upside for current drill program: 640-1,600 million pounds of nickel. With those kind of numbers, we'll build the mine with the copper, cobalt and platinum metals, and the nickel will be gravy at spot price of $6-$10 (somewhere between $3-10 billion net present value). Any comments? Anyone think this puppies gonna go down next week? Gooo NOT