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: What kind of news will

Noront Resources

over 16 years ago

in response to hgs225's message

Obviously buyers are waiting for the assay results to back up DE2 and a taste of DE3 would go down nicely.

There is still a lot of nervousness about the state of US Economy and how hard the US Markets will be hit on Thursday. If we can get through this week with only a little pain next week should be far more attractive.

Nothing has changed with fundamentals of Noront except maybe it's sinking in that holdings outside of DE are worth more than the $1 figure tossed around. Looks like this will take some time yet to be reflected in share value, maybe not until end of summer. Problem is that by the end of summer DE could be valued so much higher that a dolar here or there won't be terribly interesting.