Agoracom: Small Cap Investment - Noront Resources

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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djje

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TA

posted on Dec 30, 2013 11:15AM

Hello everyone! Hope all are enjoying the holidays.

NOT, in the last few weeks has taken out the 20ema (.21), the 50ema (.22) and just today the 200ema of .26 cents. We need confirmation and a close at or atop this value but it hasn't looked better technically in quite some time. We could be in for a breakout type run over the next week or so. I guess a test of .425 is quite possible now that the 200ema is likely behind us. I would also suspect after today that the 20ema and 50ema will converge, another buy signal.

The last time these barriers were breached was the run to .425 in late august early september. Good luck all.