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: More similar.

Noront Resources

over 14 years ago

in response to Babjak1's message

My reason for posting about Nova was that they got temporarily trounced after the news came out. Also that we were not the only ones being dumped upon nor were we to the greatest extent.

( There was also a posting vacuum for about an hour so I felt compelled to post something, lol.)

Noront with their resource news was trumped by the still in effect blockade. The blockade issue was considered more important therefore no reaction to the resource update. However we were getting upward sp spikes followed by drops on news BEFORE this blockade surfaced.

In hind sight I think it would have been better to have the resource news out after the news of blockade ending came out.

Next good news should provide the evidence of sp reaction (i.e. market sentiment).