OTCPK:NOSOF - Post by User
Comment by
glorieuxon Mar 26, 2008 12:38am
433 Views
Post# 14836189
Since you are listing things you like
Since you are listing things you likeI like the money in the bank, close to 75 Million dollars. In these times of liquidity crunch, it is nice not to depend on anyone. We can drill as we please and do not have to go back to the market for 2 years...I like that a lot. Also like the fact that we do not have all our eggs in one basket. Of course the DE project gets all the attention (6% nickel over 67 meters with platinum, paladium and copper will do that) but the gold at some 52 OZ (not grams) per ton is very exciting and keeps our basket diversified. Another reason to like NOT. JP Morgan advising us also helps. They are probably behind the PP at 4$ which at the time was not appreciated by shareholders but now with the credit crunch can be viewed as genius. You get what you pay for when you get advisors. I am not sure what we pay JPMorgan but they are worth every penny with that kind of forsight.
Glorieux