OTCPK:NOSOF - Post by User
Post by
glorieuxon Oct 19, 2007 1:07pm
374 Views
Post# 13604589
Hey Aucontraire, what do you think of
Hey Aucontraire, what do you think ofthis point of view. I do not have your experience and believe you are neither pumper of basher.
Long are holding, day traders are gone, just waiting for a halt. I believe this is still a good play. My reasoning. At a valuation of 500 million, with about 2billion in the ground we should be at least breaking even. Now considering that this 2 billion is from 1 geophysical anomaly and they have drilled an area no more that 300 meters by 300M and they hold over 30k hectares with close to 100 anomaly, this is also a great spec play. Everybody else is happy to have land close to NOT, but remember, we own NOT and all 30K hectars plus 2billion in the ground (according to Sprott). So this is a good play in my books