Bentonstocks..I did enjoy your post. Let me say I was interested to read your comments specific to Canaccord and their behavoir on stock manipulation. I read today's Canaccord morning coffee and they had a write up on Noront that did not offer much support. Tell me what you think? Below is a copy from their Morning coffee report. It could also be an explanation for JFT's comment on BNN last night as to why he was hesitiant about the size of the discovery and did not go out of his way to say much positive about NOT nor even mention the new of the day around hole 18.
Noront Resources (NOT : TSX-V : $4.14), Net Change: -0.06, % Change: -1.43%, Volume: 1,749,835
“Take your time. Properly chew your food.” – Everyone’s mother. At mid-morning yesterday, shares of Noront were trending slightly higher, as investors were busy digesting the released assays from hole NOT-07-18 on the company’s 100%-owned Eagle One occurrence within its Double Eagle project in the McFauld’s Lake area of Northeastern Ontario. Hole 18 is one of three holes drilled from the same collar location on an east to west fence. This fence of holes was designed to test mineralization associated with Hole 12 which returned 94.5 m grading 0.62% Cu, 1.38% Ni, and 3.49 g/t PGE’s. Hole 18 intersected mineralization between 105.2 m and 229.8 m that over 124.6 m averaged 2.39% Ni, 1.09% Cu, 1.12 g/t Pt, 3.86 g/t Pd, 0.28 g/t Au and 3.89 g/t Ag. Included in this zone was a very high-grade result of 18.8 m, between 211 m and 229.8 m, that graded 7.38% Ni, 3.18% Cu, 1.05 g/t Pt, 10.16 g/t Pd, 0.23g/t Au and 8.92 g/t Ag. However, in the context of its location this highgrade intersection does little to expand the potential of the known mineralization. Geologically the potential for this system to continue over a considerable distance is possible, but these recent results may be suggesting that the current area of concentration has limited size. Going forward, Richard Nemis, President and CEO of Noront said, ”Our immediate drill objectives for the New Year are to test for extensions to the high grade Eagle One Deposit and to drill test several high-priority geophysical targets within the immediate area of Eagle One.”