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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Not too shabby

Noront Resources

almost 16 years ago

True, we plummeted from around $1.00 to .60 with the downward pressure of over two million shares - heavy selling volume!

But consider...

The last time we had a day volume of over 2 million shares, a little over 1 year ago, the pressure was upward and we went from $1.00 to $4.00, a 300% gain.

Conclusions:

We held up very well under a brutal and dogged sell off by a major player.
Another major and/or another find, and we have an excellent chance of seeing another high volume day with a speedy climb upward.