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: Off Topic... Freewest has traded 48 million shares today already...

Off Topic... Freewest has traded 48 million shares today already...

posted on Dec 10, 2009 01:38PM

OK, can any of you "expert traders" out there (rosehill, this means you, buddy :-}, along with a few others...) tell me why there has been 48 million shares traded???

What could possibly be the motive behind the trading of almost 1/4 of the entire HUGE float of Freewest shares... and who is picking them UP??? Institutions would be my guess, but WHICH ONES? This could be significant if someone could figure out who is doing all the buying here, it may be good for Noront, or it could be bad for Noront, depending on if they will be tendered for or against Noront, for or against cliffs or for or against themselves (retail not wanting to tender to anybody).

I know, this is sorta off topic, but when the company we are/were trying to amalgamate with trades like, a bizillion shares, that has to mean something to Noront the Company, doesn't it???

I just pray that the other "entity" who would be partnering up with cliffs and whomever those who think there is another "entity" backing Noront come to the dinner table soon... Like before this area gets all bought out for a song. I think that we have a strong handed share base where those who hold Noront will just say NO to any tender under $10/share, but then I see Freewest going to "possibly" be sold off for around $1 and I just begin to wonder... Time will tell.

OK, enough of my nervousness on the forum. Tomorrow is another day, and the day after that is another day and so on, and so on. The drills will start drilling in mid January again, and with much deeper capacity. I pray that THIS will be a defining moment for Noront. Perhaps we can find out where all these ultra rich veins/conduits of nickel et el have come from, and maybe park the drill bit there for a couple of months defining some serious size...

God Bless all Noront Shareholders.

Herb :-/

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