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.)

over 15 years ago

in response to cos's message

"I do not think it has any thing to do with news coming or anything happening behind the scenes except someone needed out."

Someone Got Out. That much is for sure.

But MORE Equally Important is that Another Someone either "Wanted In" or "Agreeded Ahead Of Time" to take the Sellers Shears.

Thus, Pre Arranged!

As for many of the Smaller Buys during this time period, WELL, we have it from several Old Time Posters that once they saw the SP/Volume Plunge/Kick they scrambled to raise cash so as to Buy More Shears at the reduced SP created by the Sell Off. How many others did the Same?

If there was NOT a Pre Arranged deal, then it is very clear to ALL that there are many (and some with very large Pockets of free cash) CONSTANTLY monitoring the SP situation and are VERY WILLING to Jump In at Virtually a "Moments Notice". And they are now off for the Long Weekend. Relishing their Good Fortuine, No Doubt!

Old Joe

PS: Am I becoming too much like the so called "Perma Bulls"?