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: I'll go out on a limb here

Noront Resources

over 15 years ago

in response to sag4tag's message

I will join you on that limb Sag4tag. Our SP is not moving much now staying around the .72-74 range. This is usually the range and standstill position where traders get nervous. If they see this thing starting to go down, they will empty their position and drive us back under $.70. If we do not see this quivering and we keep seeing build up of bids at $.70 and higher, then we may get these guys to stick around and we can drive up and hopefully establish that second level of pricing that Coswil was talking about. So hopefully we do not get a small selling run as this would open the traders flood gate and we will lose our momemtum.

Glorieux