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: Short history 2-29-08 - rapid
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Mar 05, 2008 03:50PM
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Mar 05, 2008 04:54PM
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Mar 05, 2008 05:06PM

You are very likely very right with respect to most Shorts in Small Cap (or for Noront now days a successful, very successful Junior Explorer) stocks on a back wated exchange in this country of ours. But the vast majority of small investors, though many may know thei exchange exists, stick to large(r) Cap Stocks on the Big(er) Exchange(s) if they even ever get involved in purchasing stocks directly at all. As jacki has been saying for months now, geting listed on the biger board will increase traffic as many more will think a listing there is safer (which is not really the case in the least). However, reported short positions would be as forigh to most of the new trakkic as Exchange Traded Stocks are to many investors. Those with experience on thei Exchange and with Junior Exploration stocks have some to much more understanding of what Short Positions may or may not mean. Frankly, is seeing the short position on Noront Resources scares a potential investor away, then that is good, as that investor should not be in this stock.Once again, However, as the poster "joe" posted but an hour ago, 'We will really see some movement in the upward direction when the heard mantality hits'. I will add to that.

There will be two or three heards to cross our path. There will be one on this Exchange and very soon. There will be a much bigger on when we are on the Gigger Exchange. In each case we will get a very good boost in SP from where we are now. We will, due to the nature of our Properties, likely get a very long and relatively sustained up trend before the big Exchange hear hits and then again following when that herd hits.

Between now and 2-3 years out we will see all this and some very powerful swings along the way there.

I have no crystal ball or cards of any kind (magical in any manner) but I do have NOT. I have put my time into learning about Noront Resources and several of its closest associates in this industry. I like what I have and what I learned. I will keep what I have for a very long time. I will now be willing to use a small sum of cash to see if I can take a bight out of the game players.

In any event I will continue to enjoy life in all its variety and abundance. NOT included!

Old Joe

 

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