Today is a turning point once again in our future.
It has happened twice before. In December 2006 with the Windfall Lake Bonanza drilling and in Sept 2007 when Hole 5 results were released at Double Eagle.
With the release of both the Windfall Lake and Double Eagle news releases over the past 24 hours, the share price is once again being manipulated for the accumulators. I follow certain bashers I know work for hedge funds. I have followed their action for over a year. These are not your idiot bashers who post drivel on the SH board to overshadow the good posts. These are posters who come off like they know things like tonnage, results, future share price, ... Their posts are done during a time when the houses they work for apply great pressure against the share price, in hopes of driving it down. They do this with dumping into bid, buying to create an uptick, and then large shorting, sometimes even naked shortings (as has been proven on the two previous occasions.
I believe that Mining Junkie is part of this crew for many reasons. Sorry to those who are his followers. But his claims concerning his wealth, his sell off, and now his claims about share price tell me that he does not give a rats about anybody but himself.
Once again the share price is at war. The volume is low which tells me that only retailers are being shaken out. In the words of bravekind and rosedale - do not sell.
I am not saying that the price may not slide further, but history will show that it rebounds do to the good properties. With almost all of the warrants being taken out, we are on the edge of a nice price increase in the upcoming weeks.
Hold firm in what is a hell of a fight today surround Noront. Better yet, unless you swing trade, walk away and return in a week. You will be much happier as it is getting bloody out there. Just know that you own stocks in a great company with excellent management (thanks for the post Canseco) and amazing properties. Like the BNN guy said yesterday, this one is good for a 2B market cap.
Misfit1.
