Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

Free
Message: My 2 Cents

I agree that this stock was on a holding pattern. There are no active buyers or sellers with the exception of Anon. Anon sold 50K at $.50-51 last Friday and 854,500 shares at an average price of $.52 since March 30th. In the case of Noront, Anon sold 2,153,000 shares at $1.59. Greg (CFO, Noront) acquired shares at $1.56-S1.57 in the public market on March 24th. 750K shares of FNC were granted at $.50 to FNC insiders since Nov. 24/09.

I don't have a clue of these brokers trading motives. Anon sold 4,907,000 NOT shares from June 14th to July 14th of 2009 at $.60 right before it's sp jumped from $.60 to near $3.00. They may have a deep pocket, but they could lose their pants in the blink of an eye.

I put forward my request to release visual results, but apparently it was not taken as receiving assay results is around the corner and no insider information has been leaked out yet to be forced to release them.

I'm expecting positive news releases starting next week, trading volume up and in the subsequent week, both FNC and NOT will be on fire again.

Cheers!!

Share
New Message
Please login to post a reply