OTCPK:NOSOF - Post by User
Comment by
cutshealon May 05, 2008 2:26pm
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Post# 15038985
RE: cuts-43-101 and tonnage
RE: cuts-43-101 and tonnageAlso as a side note MJ. I strongly feel that Noront already know that their earlier estimate on tonnage was over optimistic and that true width if released now would send SP sub $3.00. Todays shareprice is only holding because shareholders expect a 5-7 million ton range as promised by RN and others. I have the distinct feeling now that Noront is stalling, hoping desperately to get decent assay results out on DE2? to offset disappointment on DE1 size. Anything, even another hit by a JV or bordering property. So right now I would not touch this with a 10 foot pole until 43-101 comes out. On another side note... the NR on the lab error was released the day after a shareholder complained to the exchange about suspicions on the lab delay being a need to re assay cores, and not just the lab being backed up, as shareholders were told. Coincidence?
IMSO
Cutsheal