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: Thoughts for Today
1
Feb 05, 2008 05:41AM
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Feb 05, 2008 05:50AM
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Feb 05, 2008 05:59AM

Thanks for your polite response, and yes, we are all a little suspicious after all the dubious folks that have come and gone on this forum, so when I speak, I think it's for the majority of us. Once we are confident of the character of a poster, we don't have any problem answering the questions we are able to.

I have found that news only really moves a stock up when it comes as a complete and favorable surprise to the market, so obviously this didn't achieve that for us this time. It also didn't sell off after the news either. I think Noront is sneaking through this zone of resistance in the $4.50 range very nicely.

Another thing I've noticed ( and I could be way off base here ) is that if you compare the daily chart of Noront and KXL ( as of 23/08/07 ) I see some similarities in the chart and the technical indicators. They both display what is described as a "megaphone bottom" which is very bullish, and the macd and relative strength display similar signals. I wonder if we'll get the same explosive breakout within 2 weeks time?

JMHO

1
Feb 05, 2008 06:11AM
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