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.)

Home Videos Research Press Release Q&A Discussion

Threads Posts

Re: SLOW GRIND

Noront Resources

over 10 years ago

in response to Edgy's message

I wish I could post a jpeg of the charts drawn on my end, anyone with the know how please PM me.

I see nothing written in the share price fluctuations of the past week other than regular trending. We naturally fall to test the trendline in place and the 50 & 20 day moving averages. A breach of .56 would signal something but for now uptrend is well intact.

Those who want to have a look, bring up a 6 month chart, draw the trendline from Dec low of .15 cents (.15 cents!) along the bottom dips of february .28 and you will see that the trend ends at .56 that gives us the low trendline support.

Worst case scenario would be to fill that small gap up at .46 - highly unlikely.

Best case scenario, a push thru .70 on good volume. That changes the picture significantly.

GS40

Test to see if the trendline shows:

http://www.freestockcharts.com/?gclid=CPnw6OD3zbACFYgERQodlQ9xYw