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.)

My guess is we're about to see a drop to around 2.00 - 2.10. It will be an early morning slide which the MM will be pressing forward with to "Shake out the weak hands". The only way they are guaranteed to do this is with people's stops. "Get rid of those stops" You'll see a drop in price that will hurt, but its better than losing shares and then watching the price climb back up later in the day.

For those who prefer to trade NOT.... I guess it would be part of your game. Be careful as this price is substantially lower than the "existing" valuation of the stock. Going lower will be very short lived. We rose 4 to 5 fold from .60. It doesn't mean this news makes that our new valuation. It will go higher from here....sooooooooooooooon.... if not today.

Mustangman

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mustangman
City
Keswick
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09/21/2007
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Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
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