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.)
in response to Sum4All's message

"Merrill picking up another 273K"

What about the sell side, someones selling big, 10 Down Days now at 63c.

It was only 2 Jun, NOT closes the BaoSteel Deal at 86c (Deal announced 2 May)

BaoSteel's position is now down 26.7%,...Why?

Hi Lo Close

2 May 94 87 88 (BaoSteel to acquire 9.9%)

16 May 80 77 78 (Signs Binding Term Sheet)

2 Jun 76 75 76 (Close BaoSteel Deal) Todays Close 63, down 26.7%

Much selling is being c/o Anonymously, 60-70% on many days. Why? Is there animosity towards this new Chinese position and foothold into the RoF?

Are there so many non-believers that Infrastructure will not be delivered near term?

15B of proved assets vs 125M MCap? 8/10ths of one per cent (0.008%)

So who's Selling Big!

Cheers, Mark

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LTGoldBull2
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Noront Resources
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