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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Noront Resources

almost 8 years ago

Technically, an optimistic scenario so far has been that a double bottom might be forming in the chart, to be completed perhaps by the end of December. However, the bottom is currently crumbling, after 0.25 CAD has been broken.

BarChart assigns it a "strong sell" (http://old.barchart.com/quotes/stocks/NOT.VN) -- however I have no experience as to how good their (automatic) assessments are or have been in other cases. But visually, the chart does look like a slippery slope now.

Anyway, what this stock needs most is news, not technical analysis.