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: Smoking Gun

Smoking Gun

posted on Jun 05, 2008 04:45AM

The following is totally unsuported and the work of my overheated and convoluted mind. Since the Noront share price is eventually going through the roof anyway it probably isn't important but.....

This from news release "2,490,001 Warrants have been exercised for aggregate gross proceeds of $12,450,005"

That was at $5 a share and during the time Noront share price was under attack and falling back. The fall back continued until yesterdays turn around.

So is it that far fetched to think that just maybe somebody got to look at something? I mean over 12 million dollars didn't get invested on a whim especially when those investors where already in for big money.

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Jun 05, 2008 05:16AM
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