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: Volume tells a story

PM, yes you are correct. I do like to compare volume against the 50dma which is true indicator of price action and in my post I did use only gross volume as the quick post and to show the area plays in general. I copied NOT and SPQ's action below which does indicate a higher 50dma volume which is very positive. I would not look at the values as this is a spectulative play only, but volume does speak volumes.

Noront Rsrcs(NOT) Pricing as of 2/8/2008 Venture Exchange - (V)
CompanyOpenCloseChange% ChangeVolumeAvgVolHighLowValueStopRec
NOT $4.35 $4.86 $0.49 11.21 2,047,696 894,200 $5.12 $4.35 $0.37 $4.28 Hold

Spider Rsrcs(SPQ) Pricing as of 2/8/2008 Venture Exchange - (V)
CompanyOpenCloseChange% ChangeVolumeAvgVolHighLowValueStopRec
SPQ $0.11 $0.12 $0.01 4.55 2,665,200 1,433,600 $0.12 $0.11 $0.03 $0.11 Hold
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