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: Buy signal/edgy

Noront Resources

over 14 years ago

in response to antlizzie's message

The thing is we have drifted down slightly for almost two weeks. The market know there will be new. The market also knows that for the most part the news will be positive. The only question is how good will the news be.

Will NOT say we have traced semi and massive mineralization all the way down to the 1500 meter level at the Eagles nest? Will NOT say they have found the down trend at AT12 down to 500 meters and still open? These types of news releases will rocket us. More news just defining what we already know of Eagles nest will allow a reversal of our share price movement, but it is unlikely to cause a share price hike(outside our present trading range) unless we get an updated 43-101 on Eagles nest and it at least triples our resource estimate of the Eagles nest. IMHO