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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I'm really afraid

Noront Resources

about 16 years ago

that we are going to be gobbled up at an unbelievable low price. I think the big boys must be really laughing at the retail investors now (who have dropped the price 100 shares at a time). You think the ARU shareholders are upset! I can see an offer coming at $5.00 and we will be seen as greedy if we don't take it. We are in fact a way better deal right now than ARU as we are in Canada and we have already got a great working relationship with the First Nations people. They too were in the pre-production phase and had as many infrastructuaral problems as are being trial balloned here by the bashers.

I expect shorters to be trying to drive the price down this morning so that they can cover. Let's see what it will take to buy 1% of NOT (say 1.2M shares). We haven't seen that kind of volume in awhile.

GLTA