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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Message: Late Thursday thoughts...

Late Thursday thoughts...

posted on Nov 15, 2007 06:45PM

If we all can remember MJ accused as a "Soft Basher" seems to have hit the resistance and is now pushing down to the support level of this stock. I never thought he seriously intended to wait out to 3.50 and in fact I felt he would buy back in around 4.50 and just wanted to make sure he hit his buy target by setting a lower support level.

Notwithstanding all of the hoopla around MJ we have to look a something right now, something important...we're at the price I figured he really wanted in at...we could actually hit his marked price which I'm guessing would even surprise him...but that aside this is the time to buy...buy on weakness....don't sell on weakness.

Manipulators will always be there to take your shares...once they rebound what will you feel like then. I know how I felt as I sold Bre-X at 120.00 after buying it at 80.00. I saw it rocket to 250.00 a share and then split 10 for 1. It wasn't until after the split that all hell broke loose with the scandal. I wouldn't want the same to happen with Noront, a company that is on the up and up. This is why we are seeing such fluctuations in the price..because it "real" and does the normal volatile ascents and descents of a speculative stock. If you have the cash aside I would be thinking its time to get myself back in. If your not certain put in half and wait for more signs. I think the drop is almost done. The grades of ore should be holding us above 4.00 and the price IMHO is undervalued based on the stock being oversold at this juncture.

Give this baby some time. Take a walk away from your computers and leave the handling of the stock to the experts...the management team..and this on "is" good.

Have a fun Friday trading or just being a spectator.

MM

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