Last September 18th I posted about NOT's chrome discoveries being "Black Swans": things that are REAL but too unexpected and too good to be believed by the market.
At that time, I along with many members of this forum believed in NOT's huge chrome potential. We also expected, however, it would take time (months, years?) before NOT's chrome potential was recognized by the market.
That time of market recognition may now be beginning.
Here are the percentage changes in prices of selected stocks, commodities and indices since the close on December 31, 2008 through the close on January 16, 2009 (in US dollars):
NOT.V +78%
SPQ.V +67%
FNC.V +65%
FWR.V +41%
PRB.V +12%
CDNX +9%
Copper +8%
Silver -1%
Gold -5%
Oil -5%
SP500 -6%
XAU -8%
HUI -9%
Draw your own conclusions from these figures. This is what I see:
1. Companies that have found chrome in the Ring of Fire are up dramatically, not just NOT.V.
2. One company which is assumed to have chrome (FNC), also is participating in the price action.
3. The percentage gains in such stock prices are four to over eight times larger than the gains in copper or the CDNX.
4. The percentage gains in such stock prices are even more striking compared with the declines over the last two weeks in gold, oil, gold stocks, and the US stock market.
The best is yet to come...
Long and strong (as always)...
Rek