OTCPK:NOXOF - Post by User
Comment by
MakeMyDay2on Jan 11, 2010 10:48pm
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Post# 16666817
RE: RE: RE: Back to the .20s
RE: RE: RE: Back to the .20sThat 0.20 prediction is based on ( ).
If CIBC would'nt of dumped a large # of shares out of the blue, the share price would be above 0.40. Like the sheeps that follow the first one jumping off the cliff, many shareholders did the same today when they saw CIBC dumping ..., sad but true.
Fortunately enough though, there was a really good back-up of buyers that believe in Niogold to help bring the stock back.
Look at the size of Niogolds's properties and where they are located. Apart from a producer, it hardly gets better than that and let's put a conservative estimate of, let's say, 600,000 ounces gold. Is it worth more than 0.38 ???
OHHHHH YES !!!!!!!!