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Strategies & Market Trends : Ride the Tiger with CD
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To: koan who wrote (96333)10/24/2007 10:25:36 PM
From: ogi  Read Replies (1) of 313000
 
I gave up my Kaiser but have respect. It can be easily argued that there is huge potential for Noront and others based on the geology and perhaps the tenor of Not's assays. So far though they have only hit over a very limited area and are sporting a market cap of 800 mil. Pricey by any measure and it is do or die for Not. Come big or fade. Even if they have an eventual deposit the complexity of what they are drilling means they will have dud holes and a long row to hoe before proving anything. We are all glued to the set, but I sold @$4.60 and am surprised at the continued strength. They are getting huge mileage out of hole 7 core. What is after that?? We will find out one way or another.

Cheers,
Ogi
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