Re: Just watch NY and the TSX melt down...all things matter.

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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MISFIT1

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Re: Just watch NY and the TSX melt down...all things matter.

posted on Nov 01, 2007 12:04PM

Mining Junkie,

I agree that market downturns can have an impact. When you have been watching Noront as long as many of us have, you will see that many times it has done the opposite of what the external market is doing. Like I said yesterday, NOT is not a predictable stock. It can turn either way based only on the temperature outside. It has been like this since early December 2006.

When the DOW and TSX are down, Noront has been up. When it is a record day on the DOW and TSX, Noront has been down. It is more tied to commodities than anything else, but again there is no correlation there either.

If you truly believe in your price target, why don't you sell the rest of your shares and buy back later? Would you not be better off? Back up your statements with actions.