Right on MK.
It is frustrating when we don't get any news out of NOT for months on end and the sp is so low. But if you pay attention to the clues it all makes sense.
News - Ont Gov't puts $$$ in budget for roads & airports in remote areas of N. Ont.-read Ring of Fire. Money is conditional on Federal money showing up - read it is on it's way.
News -Cliffs buys 20% of KWG - read they want all of ROF.
News-Noront, Freewest etc meet with MNDM and other gov'ts - read the Ont geological study people are meeting with Don Ho etc and by now are aware of the size and grade of these discoveries read - this is getting the attention of people who promote economic development.
News - the First Nations leaders were invited to attend the above mentioned meetings - read now the gov't has another politically acceptable reason to support this project
News - all levels of gov't are looking for ways to spend on infrastructure to stimulate our falling economy - read what better to place to spend considering it will pay dividends to gov't for many years
News - Noront says grades of chromite were so high they send them to verify - read they are stalling for reasons I will not speculate on but there is also no bad news - what if they are not kidding?
News - UC CEO buys 2 million shares of UC - read he is very positive that his jv has some good results from recent ground geophysics
News - freewest hits even more chromite at black thor and black label with some evidence of cu-ni sulphides - they suspect presence of these materials suggest the source may be nearby read another E1
When you put all the pieces together it starts to look very positive. Don't worry about day to day fluctuations in sp. Your $10 price is not that far out of line as long as you have some patience
IMHO
SN
