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: Yesturday's selling hemorrhage.
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Jul 09, 2008 06:09AM
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Jul 09, 2008 06:27AM

Jul 09, 2008 06:52AM
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Jul 09, 2008 07:31AM

Yesterday's huge volume (sellout) may have several reasons. Of course bad critics by Canaccord and Sprott for one. I wounder what Genuity thinks? I believe they were the ones that made the runup to $7.00 at the end of last February.

Also Stop losses and Margin calls are to be factored in. All caused by the pressure on the SP.

Possibly some manipulation was of some help to suppress the SP, supported by Canaccord. I guess Canaccord could justify the dumping with the bad critics on Eagle1 put out yesterday morning?

Richard N has said many times to "hang on to your shares". The new team running the business did not come on board for the fun of it. They have left prominent jobs to come on board Noront for a reason (that we should soon know)...

I am expecting a runup with some news to come. Maeanwhile, more weak hands may be flushed out if they push the SP below $2.00. Hodson (Sprott) said the SP will go below $2.00



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Jul 09, 2008 08:08AM
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