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.)
in response to lethalgal's message

Lethalgal,

I feel your pain. At one point, I too had a small fortune invested in NOT. I started buying at 3.75 and then bought at 2.75, 1.00 and 0.49. Held for what seemed to be an eternity with an average price of 1.38. I was fortunate to get out at 2.25. When I say fortunate, I mean I had an awsome opportunity come my way and I was lucky enough to have the price spike at just the right time. I would still be invested in NOT had the other opportunity not come about. By no means do I believe NOT is a bad company to hold on to. I do think that myself and alot of other investors either got peronally attached or financially attached and lost out on plenty of other opportunities while the market was recovering.

As far as the ROF becoming a mine, I have no doubt it will but I think it is so far away that I personally would not want all my cash invested here waiting. I don't know how much nickle the market actually wants to see before it also believes there are future mines here. Obviously CLF believes it or they would not be waisting their time. I will be watching to see what the next round of drilling brings and hopefully it will be amazing. The longs who have held from .29 up to 7.00 (twice) and back down to .43 really deserve better for keeping the faith. Many of you may be asking why I even still care if I'm already out. Sometimes I ask myself the same question. I guess to me NOT is that dog you can no longer care for and have to give away (which I would never do by the way). Even though I no longer own it, I still wish the best for it.

Enough rambling, I just felt like commenting as I have felt the same way as Lethalgal way too many times. Good luck to you all.

JGo

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jgocar24
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