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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Message: Re: why is nobody buying at this 'low' level?

Re: why is nobody buying at this 'low' level?

posted on Nov 15, 2007 05:13AM

Nobody wants to catch a falling knife. Buying likely to come back in once the sellers disappear willing to give away shares or who have stupid stop losses in place.

I was wrong in thinking they couldn't drive Noront this low, maybe they can get it down to $4.30 but watch it pop back to $5 just as fast. No news so some players are getting there jollies by screwing with Noront.

Wouldn't be surprised to have RN push out some news to screw those shorts and get things back on track. He can't make it up but some visuals on drill cores or just maybe assay results can't be far off.

 

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