2 weeks ago, a well known strategist in Hong Kong pointed out that commodities is entering into the third phase of bull cycle,it is a period of big upswing and big downturn,and warned small investors to keep away from commodities...

While I returned to Canada, I forgot about the warning and keep focusing on Rogers' advise that commodities still in good intact especially agricultural products.

The scenaririo is desvasting for the last two days...

as for Norant price,I still believe it is the safest share as it is

1.in the exploration stage with many pods to be discovered

2. RN has put our company in a cash rich company without debt

3.we have the best consultants such as Mundall from U.Of T to assist

4. JBM as the advisors

5.Have sign confidentially agreement with big companies to continue passing up date info to them

6. a bunch of our loyal long term investors

7. there are not many shorties (around 1% ) from last month report

8. the price at 6.50 was mentioned as undervalued

9. Ni has dropped significantly from highest of 50,000/ton to now around 29,000/ton

10. weather is getting warmer and drillings from 6 or more JVs and our own will be in full speed within these three months time.

11. A lot of heavy weight investors buying at average price from the range of 4.00 - 6.50

12.Luck is always with RN

above is my humble opinion ..