"Noront Resources jumped higher today on news about the Eagle Nest property´s resources.

All this stock needs to skyrocket is a monthly close above the downward sloping resistance line, which comes in around 0.95CAD right now.
If it could close above this resistance line, I think this stock could easily quintuple in a matter of time, as it has been seriously lagging the metal prices. Before this bull market in precious metals is over, I expect this stock to break out to new highs…"

I think the break-out will come when the market realizes that Noront (alone or with a partner) is really going for a real mine, with real infrastructures incoming, and Cliffs going for a real mine on its side , with real hiring ads in the papers, and real money, and a real railway alignment... And this awareness -it is my feeling- might be a lot more near than far!

I predict that Babjak1 will soon have herself to post a hiring ad to cope with the daily infos that will come to her blog!

What is happening now to Northern Ontario reminds me of the Hydro-Québec's James Bay development some 40 years ago! Everybody had someone he known who went there for a summer or permanent job, and planes, trains and automobiles were finding their way to the new klondike!

Just listen and look out around, newspapers, radio, TV, the Provincial (and soon the Federal) House, and even Québec and Manitoba, and ... China have the words 'Ring of Fire' on their lips. This is gonna be big, guys!

Happy to be solidly invested now in the best players around.

Just to be sure that everbody gets where we stand, despite the (temporary) shy market recognition, here is a re-read :

"...The NI 43-101 Resource estimate for Eagle's Nest deposit has significantly increased and is now estimated to contain:

Main Zone

• Measured and Indicated resource of 11.0million tonnes grading 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au;
• Inferred resource of 9.0 million tonnes grading 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au;

East Zone

• Inferred resource of 1.6 million tonnes grading 0.31% Ni, 0.09% Cu, 0.12 gpt Pt and 0.45gpt Pd and 0.04 gpt Au;"

...

"The Company is currently drilling targets identified at AT-12 and AT-4 and will report results from these programs when available. The Company has all essential supplies on site to continue exploration through until the end of May."

I can read between the lines here: we put the drill bit right under where Niemi's finger pointed and we know he got it right. And there is no Moonias in this Wolrd that could prevent us to reveal it to the world! See you in May, guys!

Plus...an Eaglet developping to the East ???

GLTA.

Happy BaBe.

(By the way, who predicted that CLF would break 100 so quickly a year ago??? I predict NOT will break 5 before Summer 2012. Well before the expiration of the FWR war warrants...and maybe very close to the waking-up of crazydick)