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: Intraday strength

Hi Poly,

Great point - technical analysis can often be limited in predicting jr's due to the spontaneoity of market events, such as underlying commodities prices, politics, and assay results. More often I've found that technical analysis is an effective navigator of which to accompany fundamental analysis and due diligence. With Noront, it can at times help one to see what is around the corner but it has been in my experience very poor at enabling one to see what is beyond the bend.

Cheers,



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