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: dilemma?

Noront Resources

about 15 years ago

in response to storm5151's message

I may be wrong, but I don't think you can buy in at $2.50 unless Noront issues NR with disappointing assay results. In the absence of NR, it will continuously climb up fast. I'm expecting a pop-up close to $3.00 at market opening on Tuesday. Once the stock is getting attention, momentum drives sp up at the speed of bullet.

You can find a close similarity of trading pattern in the folling chart (Please see the weekly view).

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

Nov. 2006 vs Dec. 2008

Sep. 2007 vs July - Aug. 2009

This stock is very bullish in moving sp to $6.50 within a couple of weeks.