Gold, Platinum, Nickel, Copper, Chromite and Base Metal Exploration
Active in resource exploration throughout Ontario, New Brunswick, Quebec, China and Mexico
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Noront Resources > Message
Greyhound_rabbit

Re: mtx/wsr/tme/bmk are currently up-paschiliko

Posted by: Babjak1 on June 19, 2008 11:45AM

In response to: Re: mtx/wsr/tme/bmk are cur... by paschiliko

Paschiliko,

TSX is down 192 points. Overall markets are not great today.

Tomorrow can be another story. We are down 4 cents. Potash (pot) is down over 2 dollars. We have all had many postings that our approx value based on what we have in the ground is somewhere between $3.50 -$4.00. Drillings will start by many JV partners and we will have a very busy summer. News of MTX/WSR is due any time now. The fact that they are up on a down day makes me wonder why? Why in a good way.

The current price is ridiculous. The big players bought in at $4.00 for millions of dollars. Did you buy in with millions of dollars?

They exercised 77% warrants at $5.00 for millions of dollars.

Look at insider selling? Are they stupid people? Why aren't they selling? Why did they exercise their warrants? Are they crazy or do they know something we don't. Why are they hiring more heavy hitters? Why are heavy hitters coming over? Why not lay off people ?What do they see that we don't see? What do they know that we don't know.

If you saw a big screen t.v at a store that was worth $7,000.00 would you buy it when it was on sale for $3,400.00 or would you prefer to wait and buy it for $10,000.00. Ask your self this.

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