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: IS selling today a good idea?

IS selling today a good idea?

posted on Apr 11, 2008 10:18AM

Noront has held up pretty well over the past two weeks on low volume while investors wait, not so patiently, for assay results. Sure the drop on low volume was overdone and today some of that loss has been clawed back.

If you're nervous just remember what visuals on drill cores suggested and that it's pgm's on DE1 we're waiting for too. It's just not smart to hold on this long and not put off making a decision until you see what assays report.

The hope of all longs is that this next round of assays will further support the asset value of DE1 as well as go a long way to indicate economic resource that DE2 could be.

Of course there is always a risk that assays might be less than visuals lead us to believe BUT this has not been the case in the past. Downside may be there but upside would seem far higher expecially since 3 drills continue to turn on Noront property.

*Just imagine the panic buying IF/WHEN Noront hids deep source mineralized body?

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