Noront Resources

Heh.

Up more than a double this week, on no news. I now have more equity in NRN than I have in NOT, and I sold some NRN this week. I'm trying to become a more disciplined investor, locking in some profits. It still hurts, though.

Yes, I'm big on NRN's prospects. They're presently drilling on the Eastbank claim block. Geologists are on site. They're trying to locate a PGE reef in a deposit that has been modelled after Bushveld. They hold claims to virtually the whole enchilada, so if they hit, the value would not only be enormous, but it would be all theirs. There's an excellent presentation of the geology here (.pdf).

My only explanation for the share price increase is a leak from their camp.

I was planning to use a couple of the images from the NRN website to discuss the Eagle 1 model. I hope to get to that tonight.

Lar