Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

Free
Message: PP

2 things to discuss:

1) Noront hasn't had an ore increase since March 4th, but they simply put a fresh persepctive on their existing ore, and - BAM - up 14%. It didn't do it on the ore oncrease but by providing actual numbers behind the ore. Let's examine CHM, the single mkore quoted line that investors could get behind was their 1.5billion number behind their ore which was 2/3 less then what they have now. Granger, Smith, and Chapman, please consider this when you release Magpie data this week.

2) it shows how FNC PP toyed with SP recently. It's should have been quite easy to meet increased SP asks, especially with all the news FNC has provided. Yet we languished in the .50c range for too long. Now most of the PP has closed and the asks have increased the move upwards. For example, that 3 million trade of FNCJF should have never existed at that range, if it weren't for some swinish deal.

A 3 million share trade would easily push us to 1.00 mark, now that their are no shares available, except the open market. We've gone up 3c on 150thou shares. My conspiracy mind merges with the logic that a hostile takeover will sweep over us like a storm surge, and that 3//18 trade were a warning of birds taking off all at once. But I have zero data to support it.

Again, taxes are upon us all soon, so I could see someone wanting liquid. However, a 3 million dump could have been easily increased the SP and they could have gotten much more. This makes me think it was an exchange between groups. I know one of Mineralfields needed to sell a few, but MF said it was'nt a great number.

Therefore, my conspiratorial mind thinks CHM or Arcelor just got 3 mil shares. This is without reseach, which I simply don't have time to do, as I'm involved in fundraising for the Japanese communities.

-sg

Share
New Message
Please login to post a reply