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 Goldstar40's message

"I stand by my call of a bottom at 1.72 I know ANYTHING can happen to affect the trend but in my opinion, we are still fine."

It looks like we will get to your $1.72 price next week. Today we may come to rest at $1.75-$1.77. A slow and steady decline with a reduction in volume as we approach the apex of the triangle. I would much rather see a slow and steady climb as we approach the AGM. This has not been the case up to now. A hum drum AGM will push us lower on this type of trendline. We can all hope for surprises but they may not materialize.

I'm not trying to be negative goldstar. I just don't want to ride this thing back down to $1/share. I too hope that you $1.72 bottom holds because each $0.01 drop I loose x000's in value on my portfolio.

rosehill

Please login to post a reply
rosehill
City
Toronto
Rank
Vice President
Activity Points
7518
Rating
Your Rating
Date Joined
09/04/2007
Social Links
Private Message
Noront Resources
Symbol
NOT
Exchange
TSX-V
Shares
326,029,076 As of Jan 17, 2017
Industry
Metals & Minerals
Create a Post