OTCPK:NOSOF - Post by User
Comment by
tgelma15on Apr 06, 2011 6:43pm
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Post# 18396050
RE: tonnage, etc
RE: tonnage, etcHi SeventhSon7.
Sorry to disagree with you but there are " brokerage robber barrons" and "robber barrons" still out there.
I speak from experience.
I held out for a much higher price for BIM (Baffinland) instead of the $1.52 that was offered and finally purchased at even though the in ground valuation was in the hundreds of BILLIONS - we only received about $600 million!
I held out for more when VEN (Ventana) was bought out for $13.06 / share instead of the $16-20 that all the financial "gurus" were touting. About a week later the buyer (Batista), while being interviewed at PDAC, said that the VEN shares were worth approx. 3 times what he paid for them!!!!!!
So, I have to disagree with your comments because some people can play the game with many more advantages then we smalltime retail investors- I hate it but yes we can be had.
So to say that NOT is worth a lot more is only true to those who are willing to pay a lot more to buy it. But, I don't know of anyone who wants to pay more for NOT than they have to to get what they want because of "Noront's ridiculously undervalued stock".
Everyone I know will pay only the minimum that they have to and not more.
Tgelma15