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.)

Perfect storm is brewing. Everyone in the red on NOT this year, tax losing until year end. Tons of money made this year and noone wants the capital gain. Institutiuons selling to get into yet another pp. Why would anyone buy this today is beyond me, unless you want to cover a bit of your short position. The believers keep backin up the truck, must be a sick feeling, hope it works out in the long run. Waiting for an entry point.

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rosie68
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Noront Resources
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