RE:RE:Wowsers stupidity so thick ...Steele,
I doubt these first drill results will be enough to tell the whole story. Remember Voiseys Bay? They struck out on their first 6 holes and then what happened? They hit pay dirt on the 7th! Sprott is still buying so right or wrong, it is clear he thinks this property has big potential.
I don't think they were able to get enough drilling done to give a full picture of what we have. It's going to take further interpretation and drilling next summer, but hopefully the results will be tantalizing and give strong indication of heavy mineralization.
Will we hit 3%-4% nickel for 100 meters? Maybe, maybe not, but these drill results are not the be all and end all fo the company. Even if they don't, that doesn't mean a mine will not be built and certainly it doesn't mean that the company is worth no more than $.30.
That will certainly be the spin the shorts try to put on it to make a profit and it might work, but we need to do a lot more drilling I would think, to conclude that the stock is worth only $.30. In fact, that is a really laughable claim considering all their properties and the money they have in the bank.
So you are clearly not being objective here. Naturally, you are interpreting things as negatively as possible through the eyes of a short. At least you are open about the fact that you are shorting.