RE: Question...Answer is easy, momentum was lost long ago. When you have it in these Venture stocks, you have to seize the opportunity and hold on to it. With 12 properties in the NOT stable, that should have been accomplished until Windfall follow-up plans and drilling. The Market needs proof. NR’s on Deals, JV’s, management hires and delays, will not move the SP.
As for GCR, they (Hughes Group), moved very quickly and actioned for follow-up drilling in a matter of weeks. A ten fold increase over a short period of time ($0.30 to $3.60 today), this is the price NOT could have been or should have been by this time. The biggest gold intercept in years, 52 oz/tonne over 4.8 m, maybe ever. How does this compare with GCR’s 1.14% NI over 72.5 m, one hole. That’s it, one hole! Noront has 100 holes over 800x800m property with many good intersections, some fantastic intersections and were $0.60. Go figure.
And the market wants proof, talk is cheap.
Show the market, the historic 10% zinc, El Verde; the moly, NB; the U3O8 at Hunters Point in the interim.
Maybe Mr. Nemis’s plan regains the lost momentum and interest in this stock. Hope so and banking on it. Still positioned long and holding, 6 months of patience and pain watching the market action. Your right though, no way this stock should be hovering at $0.60
Cheers, mark