OTCPK:NOSOF - Post by User
Post by
greenpastureon Nov 20, 2009 6:40pm
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Post# 16509780
Just a thought
Just a thoughtFirst, some of you were in the rally of Gold in the 70's and are aware when the end of the rush comes we get all cash deals. Happened in the tech day's coming to the end of 1999 and a nice indicator the top of a run is about to expire. I take great solace in the fact that this is a share offering and now has been raised to 1 NOT to 5 FNC. That means NOT is valued at 2.43-2,50 based on FNC close. If it were not for the 2000 from CC at the close, NOT would have had a close of 2.31. Based on past performance of NOT, I would expect that 2.54 to be tested Mon or Tues. but this thing has 3.00 written all over it. ..................................................Those that held from 7.20 March through the .44 cents on Dec 12. 2008, my hat goes off to you. I traded this at 3.00 to 6.00 the first of the 2008 and hated the fact I did not get in near the .29 to 7.05 in 2007. I like their property and especially the drilling results with gold near 1200 instead of the 600 in 2007. A real no brainer here and the big companies will take notice. I hate to put any targets on what NOT should be pending any buyouts, but if ever NOT was taken out, and Gold at this range, I would expect nothing less than a 15.00 offer.