Re: Examples of manipulation...or is it incompetence?
in response to
by
posted on
Dec 09, 2010 11:36AM
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)
My guess is that this is just tax loss selling. Noront is a very useful stock for me this year to offset my other capital gains. Without it, I'd have to pay tax!
I anticipate a recovery at the end of the tax year. This sure would be helped by a few resource increase announcements....