OTCPK:NOXOF - Post by User
Comment by
alixx11on Jan 13, 2010 6:15pm
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Post# 16675773
RE: RE: RE: RE: RE: RE: RE: RE: Back to the .20s
RE: RE: RE: RE: RE: RE: RE: RE: Back to the .20s"NOX will be taken out before the end of 2010"
I respectfully disagree...
I don't think the results of the upcoming news-release will warrant a takeover in 2010. LeFrancois himself said that they were hoping to double the resource numbers, something in the neighbourhood of 750,000 ounces It will probably take double that to interest a major. They'll need at least another drill season of positive results...
As long as 2010 marks the beginning of steady growth in the SP, I don't mind waiting 2 years before selling. I'm no day-trader, and am certainly not willing to let go of this below a dollar (although I'm praying for more).