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: Yesterday's Run

Noront Resources

over 16 years ago

in response to Laphroigh's message

The market activity late in day was unusual and indicative of a bit of a panic to get into Noront before news comes out. Now there could be a lot of hidden pent up demand for Noront as conservative estimates of underlying value is above $6 so a run back up even to $6.50 without news wouldn't be extreme. To go over $7 or $8 and stay there does require more information on DE1, 2 and 3