Relax, let off some stream.

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)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Ironwill

Rank: Vice President [?]

Points: 1338 [?]

Votes: 106 Score: 3.3 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Relax, let off some stream.

posted on Nov 28, 2007 01:00PM

O.K. ---- Short term ---Today's market rally may be in anticipation of an interest rate cut, so says the Globe and Mail. Some of the money that may have found its way into resource stocks like NOT was redirected into securities like BMO ( up over $2.00) huge volume and other conventional stocks.

Longer term --- In anticipation of an interest rate drop south of the border we may see a lot of relief in the housing crisis, ie. becoming affordable to many again. So, an upswing in the housing market (more consumption of resources) indicates demand stays in tact. Overseas economies remain robust (India and China) indicates demand stays in tact (simplistic view).

Noront will chug along until we get the needed boost from drillling results and there is no panic selling -- Hold on to your darling NOT shares!

Anyone know of a publicly traded assay lab to invest in? Our biggest problem seems to be in getting results from those labs. They have to be making money hand over fist, of course that's what we are going to do too!