Agoracom: Small Cap Investment - Noront Resources - Buy confirmed

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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Amazing Correlation

railroader

Oct 01, 2008 07:59PM

Re: Amazing Correlation Sorry

railroader

Oct 01, 2008 08:02PM

Goldstar40

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Buy confirmed - American Bulls

in response to

Re: Amazing Correlation Sorry

railroader

posted on Oct 01, 2008 08:08PM

NORONT RESOURCES LTD

Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 09.25.2008 (6) days ago, when the stock price was 1.8600. Since then NOT has fallen -22.04% .

BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 1.4100 ) according to the Rules of Confirmation.

Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a BUY-IF confirmation but today it is. The market opened with a gap up and the day’s activity resulted in a close higher than the open. This is a valid confirmation criterion. The market is now ready for a bullish move.