Agoracom: Small Cap Investment - Noront Resources - Re: any speculation on what has sparked rally today

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Re: any speculation on what has sparked rally today

sag4tag

Sep 20, 2007 11:04AM

Old Joe

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Re: any speculation on what has sparked rally today

posted on Sep 20, 2007 11:12AM

This morning was likely some one(s) shifting between accounts and putting pressure on daytraders. The same may likely happen again tomorrow morning as will. Once these individuals have their arrangements all in order the daily volume is likely to drop more untill pending news speculation begins to pick up. The potential for relatively steady stream of news over next 2-3 months is high. So the dips in volume are also likely to be short in duration as well. Volatility on the other hand is likely to be very high.