This is more for those who buy stocks based on technical signals. It serves to assist in determining entry and exit points. My main point in this blurb is to show good entry points. The selling is up to you. Check the 1 year chart for Noront (NOT.V) below:

Now where are the signals over the last year that I use.

1. RSI - Relative Strength Index. - This tells you how the stock is fairing as far as investor buying and selling goes. The general rule of thumb for buying your shares is as follows:

Where the 10 day moving average (in red) crosses to the upside of the 50 day moving average (green) "AND" the RSI is low (ie 0 - 20) then its time to buy.

Of course the opposite holds true for selling. Red crosses down under Green and strong RSI (80 - 100). Always a gamble in either case. These are general signs based on standard cycling of the stock. News can break things open, but even then the stock tends to cycle with the ongoing cycling of investment cash in and out of it.

If you look at the 3 month chart for NOT using the same system you get this:

From the end of May to the end of August the 10 moving average didn't even get a sniff at the 50 day moving average and the RSI was nothing to honk at either. So the RSI is and indicator only here and you need to use it with some discretion. If you do notice though, the 10 day moving average is "now" creeping up to the 50 day moving average and appears ready to cross it to the upside. Forgetting the day to day fluctuations in the 10 day moving average and looking back at the one year chart you can see the overall movement of the line appears to point at a buying signal. It hasn't crossed over and on that note I would not buy until crosses the 50 day moving average (green) to the upside and it stays over that 50 day MVA line for at least a few days (the number of days is based really on your comfort level only). Yes...you may miss some profits...but also you may miss buying in on an abbreviated hiccup in the pricing of the stock which can occur in the short term.

Remember signals are hard not to turn to for confirming your time to invest. Due diligence in my mind includes all factors (knowledge of the company and its projects, history of the company and its projects, news releases both good and bad and their effects on the stock valuation, news which points to the future status of the company, government reports (unbiased - 43-101 for example) and of course general drifting of the stock price and the history of its pricing (does it cycle within one or two dollars - ie 2-4-2-4-3.40-1.80 etc).

My conclusion of what I see right now.

1. Our 43-101 report was great, no awesome, but great.
2. Our price is tanking because of too many variables to mention, but it won't stay down forever especially with the 43-101 report being supportive of the price moving up "sometime soon".
3. The Technical Chart is sniffing at the 10 day moving average passing over the 50 day moving average with a very low RSI. This is usually touching on prime buying time.
4. We haven't really had an exceptional news release and the results of the 43-101 report were not really advertised around very much. I'm smelling a surprise coming from Mr. Nemis. I'm thinking maybe a new anomoly or stellar results from recent drilling of Eagle 2.
5. Fancamp and Not are drilling next to each other. I'm thinking someone is going to be happy...if NOT both.
6. I've been buying this stock all summer..during the "Sell in May and go away..." time of year. The fall normally picks the price up considerably. I am expecting a run into the winter months....and "yes" it will cycle and it will be volatile. That said this stock has NOT been volatile. It has taken 3 months to settle the dust from each move up (7 to 2.50 range in three months. Now look at the chart above and see what happend in technical terms)

Well I'm thinking way too much again. Head hurts. Gotta work.

All the best to all NOT holders...and God Bless you all.

Mustangman