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: best way to play this

Re: best way to play this

posted on Aug 12, 2009 01:37PM

Or if you have the nerve you could try to beat or join those benefiting from the swings.

Until news comes out my personal call is that support should be around the $2.30 level which means if somebody wants to pay me $2.50 I'll take their money and wait to try to buy back at $2.20, well probably get nervous and pay a bit more.

Mind you this is not my long term, you don't get them, holdings in Noront so if I get burned by a runaway upside share price any pain is minor and aleviated by the gain on majority of holding. There are a few repected 'long' Noront people dabbling this way to make a few bucks and lower average cost of holdings.

Warning not for the faint of heart cause it takes nerve to push both the sell as well as the buy button and you won't always call it right.

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