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: FRUSTRATED!!!!!!!!!!...

Noront Resources

almost 15 years ago

in response to dor's message

If you're frustrated then it looks like their plan is working.

Notice how INST holdings went up from the Luncheon Presentation to the AGM???? That means that retail is bailing and big boys are loading up slowly.

Yeah they'll drive the price up, and then down, and then up, and so on, to frustrate you to get out and sell your shares because if you do get out there is more shares for them.

They did a PP at $2.80, you think millions of dollars can be raised for a "startup" company in this recession? You can't even get a loan for $50K, let alone for 30 million dollars. Even at $2.80, thats CHEAP, compared to where the SP will be 6 months - 5 years from now.

Patience is the name of the game in this company, you will be rewarded the more patient you are, if you panic and sell your shares, you'll be kicking yourself down the road.

But then again, this is my opinion, and nobody elses, and you are free to do as you wish. They are trying to frustrate retails OUT of their shares, so far its working.

Peace