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: Lunch lull?

Lunch lull?

posted on Mar 27, 2008 08:15AM

Hard to tell the difference today with anemic level of trading going on. I'll bet there are a lot of hidden buyers ready to pounce on anyone willing to sell at a low price but everyone else is either nervous about pending news or just going to sit on the fence until it comes out.

So it's sideways and down a bit on low volume, doesn't affect anyone long. Maybe not forced down enough to scramble and add to position although FWR took a kicking today.

Until news I'm afraid we'll just bounce around under $6. Most of us are convinced Noront already has established a bottom value higher that this but seem to have run out of the money to take on any sellers.

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