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: 8th day down this is a violation of natural workings of market

Re: 8th day down This is a unnatural movement

posted on Feb 02, 2009 02:56PM

With all respect, there is nothing exactly 'normal' about the general market conditions experianced over the past year, current period or next while. We've seen a one in a lifetime melt down of financials worldwide that has spilled over into everything.

No the worst is not completely over and a lot of pain left in the economy.

However pain in the junior market may be less than already experianced AND as always superior exploration results cause shares like Noront to blossom. Maybe not as high as if this was in a fully recovered or partially recovered economy but certainly do well.

No chart would ever have projected Noront hitting it's high or it's low and darn tough sensing when it stalling out in either direction. Junior miners and exploration companies aren't exactly in favour at the moment as risk tolerance is harder to find, it there but not as much as over a year ago.

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