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: NOT- volume only 250,000

Noront Resources

over 14 years ago

in response to Trace's message

I agree (by that I mean I too am wondering what's up).

Last week was a good week for commodities... on top of it NOT presented some great stuff at PDAC. I expected them to at least make some gains. Even some slight upward momentum would be "acceptable". This seems ridiculous (but not so unexpected) to anyone who follows the stock closely.

However, I find unusual activity (low volume, some downward pressure with no bad news) often signals a good thing coming (think Q2 2009). Man, I hope so!

And we all know that, as soon as a few big volume buy orders happen, it'll be a mad rush from the sidelines to get in. Again, I'm hoping, not at all a pumper (leave that for the stockhouse boys).