Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

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ricter...return on sideplays...

Noront Resources

over 16 years ago

in response to ricter's message

I believe you are correct ricter that when(if) NOT hits again(#3, and it could be today) the close proximity sideplays will follow on spec and blow away 4.5% per year as you say.

I believe the most important decision to then make is WHEN DO I UNLOAD MY SIDEPLAYS? Take a look at FNC. I have held 5K shares since Nov 07, and if I played it correct I could have doubled my shares by selling low and rebuying high...but I havn't, mainly because I believe they have the goods and also the fees my broker charge would wipe out the profit(more on that later)

another note on sideplays...correct me if I'm wrong , but wasn't Nemis just next door to Voisy Bay, but came up empty? For the record, I'm 60% NOT and 40% combined BMK,FNC,FWR,SPQ,and UC.

Shakey