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.)

If not a lot of people are letting go, then there is more demand then supply. Is this correct? If there is demand, then is there an assumption that Noront will have a huge surge or assumption that nickel prices will increase first quarter next year? Are there tax advantages for buying before year end or are people assuming there will be a buying and selling frenzy for Noront at beginning of year to avoid taxes this year, and the demand is just to get ahead of crowd?

Noront is cheap at 2.00.

perhaps another .10 or .20 tomorrow?

-sg

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Noront Resources
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NOT
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TSX-V
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Metals & Minerals
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