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.)
in response to mustangman's message

Mustangman, "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".

w/o news we will consolidate/correct/ back fill...a normal retracement healthy for a stock before again moving higher...maybe our technicians can add more?

I'm thinking 50% of the gains from 65 to 3 so seeing $1.80-2.00 will not be out of the question.

Other points of interest 33% or $2.20 area...and

a retracement 66% or $1.45 level...

The further out the news is the further the retracement imo.

Cheers, Mark

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LTGoldBull2
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