Agoracom: Small Cap Investment - Noront Resources - Re: I had thought we were out of the abyss but

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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Old Joe

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Re: I had thought we were out of the abyss but - boerj

in response to

Re: I had thought we were out of the abyss but

boerj

posted on Sep 08, 2008 01:09PM

Try NOT to forget that last week was a rather bad week everywhere and some Forced Selling and Fear Selling kicked in on Thursday and Friday. Given that Forced Selling will continue into tomorrow for any US Account Holders due to last week and given that today was not great on Canadian Exchanges (Resource heavy as they are), there likely will be some Canadian based Forced Selling going on into Wednesday morning. Thus, be prepared! Id Resource Stocks in Canada continue to suffer tomorrow then we could also see softness in Noront Resources SP going into Thursday.

It is a type of Domino effect here in this country due to our relationship to the US Markets and Commodities Markets. And there are many who know how and when to play these types of relationships.