Agoracom: Small Cap Investment - Noront Resources - Re: BNN on now - Marking the Kick Off of the OFFICIAL PUMP Machine

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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khareema

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Re: BNN on now - Marking the Kick Off of the OFFICIAL PUMP Machine

in response to

Re: BNN on now - Marking the Kick Off of the OFFICIAL PUMP Machine

cavedude

posted on Jul 30, 2009 01:39PM

Anyone who would see the SP go above $3 and immediately proceed to use NOT for marginning should have their head examined. Cavedude mentions the $5 figure and that is probably about the level that would ensure a safety net below to prevent total failure. I personally could not see a situation that would justify marginning this stock at any level.