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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Last chance for retail to get in "cheap"

Noront Resources

almost 16 years ago

The way i look at it .. its wise for all retail holders to increase their holdings to average down their holdings.

If possible lower your holdings to 2 or max 3 dollar. Only that way i feel 100% secure about making a profit on my holdings.

I feel like ive been kicked in the stomach. My feeling of Noront has alway's been that truely sky was the limit.

Just do the math;
E1 good for 3,13 per stock
Infrastructure for the chrome paid for. Neil Novak mentioned 17,- per stock at a 10% insitu.
So only those two are enough to wake up crazydik.

Now beeing at 1,- and everyone exited about a 20 points rise (after going down 6,50 or more) makes me feel that the new BOD thinks they can pull it off to sell NOT in a few years for 10,- and make us retail believe that we should thank them .. NOT !

I hope the next few months will change my view and prove me wrong. In the mean time i will be increasing my holdings to get below 3,- average. Shouldnt have falen in love with this stock :-(