This is primarily for Newbies to consume but all are welcome to comment or add to the statements.

Today and yesterday have been in fact less than stellar days for the commodity sector..aka the TSX Venture Exchange.  The TSX started its day much lower today, but has begun a uptrend and looks like it could be recovered by days end.  The TSX Venture, the exchange NOT is in, is to say the least going in opposite directions.  The exchange has been dropping yesterday and today.

What does all this mean to a stock like Noront?  It means we won't see the reward associated with great news until the market rights itself to some degree.  I would note that NOT has in the past ignored the movement of the larger sector and run on its own merits, but now that we are sitting on a definite find we have to accept that market swings "may" create undue resistance points in our play.

What to expect...as the market corrects NOT may drop some more...but on the other hand NOT has a lot to offer that says we should already be much higher in price.   That said we should not accept the fact that because the mining sector is losing ground that NOT should follow in the same direction forever.  It is therefore important to closely read what the news releases have been saying. Looking at Stratopods chart from earlier this morning we can see that the Nickel content alone, averaged over all reported assay reports totals roughly 3%.  Thats "just" the nickel.  This is exceptional and from what the rumblings the last week or so have provided we should see some great results continuing to flow over the next week.  Expect the news release for holes 17, 18 and 19 to put a great deal more value into our shares and bring us closer to the reality of a full scale mining operation at Double Eagle.

Ooops....forgot something.  We have Windfall too.  My understanding is the spring will bring great news from that play.  Are you getting the grasp here of what the next year will bring to us??.  There is no chance we will be sitting at 5.00 for very much longer get along 4.40 or 4.15 or any other ridiculously low share value.  The players are keeping the price down.  It sure isn't the assay results.

So to conclude....if you own Noront shares and are not accustomed to big swings in price you can do two things:

1. Take your money...lose some big dough...and lose when the market rebounds;
2. Take your money and hold until something makes this puppy blow out of the sky
3. Buy more while you have the chance because you will likely see it double by spring or even next week with the next news release.

 The bottom line its your decision not to be confused with those who want your shares for themselves.  Be long and be strong and you will be victorious with this play.  Be weak and you will be trampled by the big guys.  Nothing more has to be said.  Good luck.. and smile...the best has not even started to surface yet.

MM