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: Re: this board is very predictable
32
Aug 11, 2009 09:03AM

Depends a lot as to who is posting the 'advice' or 'comment'. There is no reason to trust a new forum member especially one who does not back up his comments with facts or details.

Stop loss situations have been dealt with many times on this forum and concensus is that for Noront it can be very costly because a number of day traders and market makers watch on level 2 and if they see enough shares on offer they WILL bring the price down to scoop up the stop losses, probably drive price down even a bit more and then back off to let the price rise and make a nice profit.

Use stop losses if you wish all that has been said is to be very careful when it's with shares like Noront where many feel they have seen deliberate manipulation to take advantage of those using stop losses.

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CMP
Aug 11, 2009 10:24AM
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Aug 11, 2009 12:35PM
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