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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Too many opportunities

Noront Resources

over 15 years ago

Re: Too many opportunities

Noront Resources

over 15 years ago

Re: Too many opportunities

Noront Resources

over 15 years ago

Re: Too many opportunities

Noront Resources

over 15 years ago

Re: Too many opportunities

Noront Resources

over 15 years ago

in response to cappysmart's message

No, you and other posters are missing the most obvious aspect of today's volume: You cannot have huge volume in both individual and aggregate trades without significant price movement unless a significant volume of those trades were pre-arranged or otherwise occurring between parties who knew was on the other side. Therefore, it is a bullish sign, generally indicating parties getting holdings in order ahead of a move of some kind. If many were simply wanting out, the price would have dropped dramatically. So, I take the trade as a positive indicator.