Interesting to note that while FWR is 2/3 the way back to its previous high established last April at .45 ( up from .16 to .31) and NOT is only 1/7 the way back to its previous high of 7.00 (up from .43 to 1.00), BOTH have doubled since their previous low - with NOT having a slight edge. Below are the key news releases since November for each. It could be symtomatic of the whole sector and having nothing to do with the fundamentals but, like good neighbors, FWR and NOT appear to be bringing the neighborhood back to life.
Will FWR bump its head at .45 while NOT catapults forward to $7.00? More likely FWR will continue and NOT will as well. FWR's .45 was in pre-chromium days.
Any other thoughts out here as to the significance of seeing both these companies climbing back at the same rate since their lows?
Cheers
BK.
NOTaholic with a basement collection of vintage FWR.
FWR News Releases
Freewest Intersects 30.0% Cr2O3 Over 124 Metres at Black Thor on its 100%-Owned McFaulds Property in Northern Ontario
2/5/2009 11:22:07 AM - Market Wire
Freewest Resources Canada Inc.: Significant Chromite Intersections Returned From Two Additional Holes-Big Daddy Chromite Deposit in the James Bay Lowlands of Northern Ontario
1/16/2009 9:45:01 AM - Market Wire
Freewest Resources Canada Inc.: High-Grade Chromite Intersections Continue to Outline Big Daddy Chromite Deposit James Bay Lowlands of Ontario
12/15/2008 11:37:03 AM - Market Wire
Freewest Intersects 40.4% Cr2O3 Over 46.3 Metres at the Black Thor Chromite Occurrence on Its 100%-Owned McFaulds Property, Northern Ontario
11/26/2008 12:45:15 PM - Market Wire
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NORONT News Releases
Noront encounters more nickel at Eagle One, as well as intriguing results AT12 anomaly
1/23/2009 7:00 AM - Canada NewsWire
Noront continues to outline extensive chromite mineralization at Blackbird
1/14/2009 6:06 PM - Canada NewsWire
Noront closes financing
12/4/2008 6:16 PM - Canada NewsWire
Deep Drilling by Noront Beneath the Eagle One Deposit Intersects 28.5 Meters of New Copper-Nickel Sulphide Mineralization
11/10/2008 4:58:29 PM - Market Wire
