Agoracom: Small Cap Investment - Noront Resources - Re: Genuity target .....comments appreciated

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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FANTOMAS

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Re: Genuity target .....comments appreciated - popsboy

in response to

Genuity target .....comments appreciated

popsboy

posted on Sep 20, 2009 08:48PM

My comment:

Nice to have analysts reporting on Noront but I wouldn´t listen solely to what they are saying, neither good nor bad things.

Why ?

Because they are "adjusting" their targets according to their agenda (being long or short) all the time.

And if the market is not playing in their direction they downgrade the stock or stop covering.

My advice would be: Do your own DD (which should include as much information as possible, even analysts coverage and bullboards but mainly NR´s, official filings (SEDAR), company website information and insider trading (canadianinsider.com)).

Genuity target @ $3.10 will be updated quickly when next results will be released.