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: making money short term - Robby G

Noront Resources

over 16 years ago

in response to Robby G's message

Robby G wrote:

I agree with most of you here that NOT is going to hit... and hit BIG based on what I've researched and heard. But how I wish I could have sold on the 18th and then rebought on the 20th. Even though I stand long for NOT, i think there's still money to be made buying low, selling high daily/weekly because this stock fluctuates much more than other stocks. And it's a trustworthy stock in the sense that it will generally increase, so I think it's sort of a win/win, except if you get greedy and buy too late or sell too early. Would you agree?

Hi Robby,

Thats a great strategy to play up until a major event actually happens and when a major event happens on a small stock like NOT it can move an enormous amount. If a buy out rumor started this suckker could pop 50% plus in an afternoon and if you are out of the market at that time it can be murder.

I have done a little of what you suggest with some spare cash but I always keep my core holding so that on judgement day, I will be able to participate in the real money!!