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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Re: Changes of Psychology

Noront Resources

almost 16 years ago

in response to Sum4All's message

Great point Sum. Many will be looking at todays price and thinking if we can only get back to $1.00 or $2.00 my loss will be a lot less.

We all have to remember that this was a good buy at $4,5,6 and7.

It still is. It has the resources and the market will get around to realizing that and pricing it accordingly as soon as some stability has returned and the markets are no longer run by the hedge funds and short sellers that are at the root of the present market fiasco (IMHO). Without those doom and gloom sellers with many, many shares to sell, the market would have taken a hit but not the kind of "running scared" scenerio we have seen in the last 2-3 months.

Stability will return and so lone as we have been able to put food on the table and kept a roof over our heads, we should see our investments starting to reward not only our patience but also our wisdom in making this pick in the first place.

Good luck to all and to all a good night.-ha