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Gold/Mining/Energy : Noront Resources (NOT VSE)

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To: Harry K who wrote (99)10/27/1999 8:04:00 PM
From: Phil Cressman  Read Replies (1) of 128
 
Sorry Harry, I was away so didn't pickup your last post.

I don't see me even thinking about exiting Noront until we see some real numbers on the Quebec property. The partner exploring this is spending some real dollars (with current low drill costs they are getting a lot done as well) and must have a realistic picture of what they expect to turn up. Dick has some pretty good properties (and a lot of them) to be fair during the past two years nobodies done much blue sky exploration so he's not been able to do much.

With a bit of luck and another couple of good holes (should be getting something pretty soon) plus maybe some diamond prospecting info Noront could move and I hope stay over 50 cents. I've lost so much on resource stocks that I'd probably sell half my holdings over 60 cents and the rest over 75 cents. Probably kick myself after though.

Regards, Fred
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