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: low volume. any thoughts ?

Noront Resources

over 16 years ago

in response to roadguy's message

Just maybe we'll see some buying come in once Noront confirms that a large portion of the warrants were exercised but it still seems like investors are waiting for assay results before either jumping in with both feet or adding to positions.

While I'm near certain the post reguarding the warrant takeup are correct a lot of others will want to see this confirmed by a news release before taking it into consideration.

Low volume of trading does give a distorted impression of share price/value and Noront, imho, should never have dropped on the market as far as it did and never would have on stronger volume.