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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It looks like repeating the same pattern

Noront Resources

about 15 years ago

It looks like repeating the same pattern

Noront Resources

about 15 years ago

in response to MaCloud's message

Please take a look at the following chart. In particular, please pay attention to the following two periods:

1) from late December 2006 to August 2007

2) from late December 2008 to July 2009

http://stockcharts.com/charts/gallery.html?not.v

You will find very close similarities between two periods and this stock looks like repeating the same trading pattern including today's. The sharp run-up in August 2007 was also driven by Eagle One assay results. SP moved up from $.29 to as high as $7.05 in less than 3 weeks. If we follow the same pattern backed by solid assay results from the holes NOT-09-49 and NOT-09-50, we could see sp going up to a much higher price range than you imagine. All conditions (nickel price, commodity prices, almost certain good assay results from hole 49, price being suppressed for 6 months, etc) are set quite nicely AGAIN.