OTCPK:NOSOF - Post by User
Post by
JGavinon Mar 01, 2011 9:32am
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Post# 18210961
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Ignore buttonWhen you see a guy talk about clown suits and get rated a 5 you know the paid bashers are out in full force. There is another way to look at it. They know Not has explored and found one of the richest Ni deposits in the world. Management is furthering exploration and looking for more assets.They have yet to find the feeder. . Every negative remark can be said about all juniors. The good news for shareholders is that when you look at their remarks it becomes apparent that the IQ level is low reflecting the writer and they will not succeed.
On this board I have learned that once you use the ignore button about 4 times it becomes quite civil. Surely some dope sitting behind a computer writing hate is more important than someone who has found 11 million tons of 2% zinc. By the way that 11 million tons translates into 480 million pounds of Ni. At $13/lb. that gives it a value of $6.3 billion dollars. Historically market valuation is 10% of in situ value or 630 million or a stock price of $2.00. If Ni returns to $22 dollars then that translates into a $3.50 stck value. This doesnot include the value of the chromite. Also nearby are Cliffs and others who are furthering their claims and resources. Would the same negative outlooks apply to them? Or would they love to pickup Not for 35% of its value?Pay attention to the bids. Everytime this stock gets around 78 cents large bids come in. Hold on tight as the commodity explosion in the next 6 months will expose these naysayers for the dolts they are.