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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On your toes

Noront Resources

almost 16 years ago

Because we're in a period of uncertainty and swings of mood and confidence. The whipsawing of commodity price is joined by swings in currency markets that are mind boggling.

C$ to US$ was C$1.30 to one US$ on Sunday night. A few minutes ago that was C$1.235 to one US$ . That is extreme to say the least.

I'd not be surprised at all to see similar swings this year, upwards, in Noront Share Valuation.

Investors have a lot of cash on the sidelines just waiting to move back into anything that will give them some return higher than inflation and mid to long term capital gain trumps bonds/interest. Still a lot of fear but that can't last much longer and cautious dip back into Exploration Junior Market might be on the horizon.

The TSX needs some success stories so here's hoping it will be Noront and a few other ROF players. Noront is still far and away the leader in exploration in ROF with more cash available and more targets identified.

Wouldn't mind at all getting a big expensive Christmas present by way of dramatic increase in Noront share valuation.