Re: Lowest volume since...sag & Canseco - hgs
posted on
Apr 01, 2008 05:24AM
It should be obvious to all that the SP for Noront Resources is Too Low!
I feel very confident is saying this because I have seen the effort the Manipulators put into the forcing down of the SP starting back in November, if not in late October.
Had there been only day trader antics to deal with the story would have been different. The hype on the Sub Prime issues were long expected by the Manipulators and they took full advantage as had been their plan for some good long time. If it was NOT Noront with the DE Hit in August it would have been several others who were good enough to have ample cash on hand from this time last year to continue on with their planned drilling since then AND due to that drilling made their own very good hits. Such is the case. Noront just HIT where and bigger than anyone expected them to do. Consequently the massive Manipulation Effort. Slow to get started but once started it was relentless. These guys (the manipulators) were very happy a year ago in stating they were interested in other areas during the then assumed Sub Prime crisis then ready to start in earnest. It was even stated in public that the properties in the Mc Fauld's Lake area would likely end up back in Government hands cause the companies up there were cash strapped or would soon be cash strapped and they would have very difficult time raising the needed cash. It was to be an Exploration Project in 5-10 years time if ever.
THAT was what the GOO guy so confidently crowed a year ago. In September or early October he went on national business news and made a FOOL of himself AGAIN, as this continues to turn out. Manipulation be spite, fright, desperation! Maybe all the above and more. But Manipulation is what it is.
Where should the SP be? Higher!!!
Where exactly? I do not know, but definitely higher!
Old Joe