OTCPK:NOSOF - Post by User
Post by
Waldo0on Sep 11, 2007 7:54pm
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Post# 13377391
Some more thoughts
Some more thoughtsThere is alot of speculation as to the validity of results, timing, and comparrisons to Spider Mcfauld #3 etc. I would be doubtful as to how fast they can get results also, but you can get fast results if you pay the additional premium;check out pricing scales for both ACME analytical and chemex. Any choice results will go through a re-assay.
Yes Neil is on the board but you don't see the dilution compared to Spider which Neil was unhappy with but he agreed with shareholders not to to do an R/S. The dilution wasn't totally his call as I understand. They were just desperate to get projects going in a downturn economy; the net result of the tech crash.
You obviously don't see too many of the noteworthy SPQ posters lining up for shares here as a result of the deja vu from a similar trend with SPQ after Mcfauld #3....I still don't think that's Neil's fault. If you wait long enough people forget then jump on for the next ride, but I don't think this is the case here. It may be that this resource is finally getting proven out and all the players are joining together to get the job done. Again you have to review the history of the Shore-kensington Merger at the FALC project in Sask.
I invested in both over a few years till it finally played out as a result of co-operative efforts from the juniors in the area. I jumped out of SPQ because I didn't like the share dilution, but having said that take a look at TVI Pacific v.tvi. I made a quick buy of SPQ during this recent rush because it was cheap and made a couple of thousand on it. Can't complain.
I won't buy NOT at these prices but will hold onto my FWR because they're the closest in the ball park. Everyone else seems to be getting ready to legally survey their claim lines so this is beginning to heat up. SPQ still holds the largest parcel which makes it attractive for the future for bargining and Royalties possibilities. It will beinteresting how all the hot spots link up.