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: Re: A note about markets...
7
Jul 03, 2010 09:22PM
3
Jul 03, 2010 09:45PM

I am one of the some. I expect this summer to be volatile but devoid of a protracted bear plunge-once we hit September/October, then all bets are off and we may see a heavy correction in the markets again but not till then IMO.

I expect stocks like Noront to hit a bottom at some point. I thought that point was this week at $1.15 when I bought back in but the market (or manipulators) did not think so.

However, to be honest, I do not really care if this thing keeps drifting down as I will keep adding to my position here because I strongly suspect that within a 12 month window something will happen. Our value in the ground is too high to be where we are now in SP and this tells me that it is time to accumulate. When the market does not make sense like with Noront, you know it is only a matter of time until we see change in our SP-and our time will come.

I love GNH and CMM as well and they will appreciate faster than Noront in all likely hood and that is why I remain a strong supporter of those companies. However, as their valuation increases and Noront decreases, I will slowly convert over to more shares of Noront.

Glorieux

3
Jul 04, 2010 07:46AM
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