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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Re: The usual language and concerns...

Noront Resources

over 8 years ago

in response to Sum4All's message

Hi Sum

You are both right and wrong - people do believe what they wish for, otherwise no one would invst in juniors - there is now way of knowing the final outcome, you need to believe and hope for the slamdunk.

If investing was a matter of knowledge alone, nobody would be here and start ups would never have a chance of getting financed.

But anyway, i rose an eyebrow about the price - was it because no one would finance them at a higher level, or it is as simple as you suggested - just an average of a couple weeks SP?
If it just was an average of the SP, they could have changed it up to a minute before publishing as nobody knew about it anyway or they could have waited a couple of days or weeks.
As you stated we will probably never know, but of course investors a mad, and they are entitled to.

Lap