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: Shorting

Noront Resources

over 16 years ago

in response to PM's message

Hey, PM, if you're right, are you then saying the company may well be involved, nudging the warrant holders, telling them, "go ahead and short some stock at $5.50 or so, take the money, exercise the warrants for $5, and don't worry, we'll withhold the good news, the stock will drop, you can cover your short sale as it drops, then we'll release the good news and you will make money with all the original shares you still own, plus the shares you got on the warrant exercise."

I'd be worried if there were that much intrigue going on!