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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Breaking below $5

Noront Resources

over 16 years ago

in response to rav's message

Last time this stock broke below $5, it stayed below for about 51 days and reached a low of $2.53...this is day 2

Keeping some power dry

Another interesting point.....this stock reached a high of $7.42 on Feb 29....the person who bought at that price is now down $2.78...chances are that was a retail investor

If the price dropped by that much in one day, the company would be inclined to make some sort of announcement.....I think given the timeframe and the depth of the price depreciation the company should make some sort of announcement....I hate relying on hearsay....third party info just doesn't cut it

Just my opinion of course