Agoracom: Small Cap Investment - Noront Resources - Wow - $0.65 I don't want to Look at my Balance tomorrow.

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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Pilgrim

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Wow - $0.65 I don't want to Look at my Balance tomorrow.

posted on Oct 23, 2008 04:45PM

I'm not usually into conspiracy or manipulation theories, but this stock plunge at the end of the proxy vote looks pretty suspicious to me. I've been buying all the way down $4.70/3.50/2.50/1.60/1.20/1.05. Wouldn't have thought we would see $0.65 or I wouldn't have bought yesterday. It will be interesting to see if the stock bounces after the proxy vote closes, if not I guess we can put it down to some hedge fund having to raise cash to meet redemptions. My bet is the price starts to head north once the proxy vote closes. Allready voted for RN & board. Too bad I couldn't have voted the shares I have bought since the cut off.

I will just put in my buy order tonight and see what happens. If some hedge fund wants to lower my average cost bring it on.