Agoracom: Small Cap Investment - Noront Resources - Re: Genuity Update

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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Francis Dube

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Re: Genuity Update - February 2 sorry about the format

in response to

Re: Genuity Update - February 2 sorry about the format

rockstar

posted on Feb 02, 2010 04:18PM

If you want to sell alot of shares and not kill the price you need to increase demand...hence the 2 updates. It could also be 2 different brokers/departments but the coincidence in timing is too close for my taste.

I did like Wellington and Brant being good buyers today.

Genuity has now sold close to 700k shares in 2 days. If they stop selling, we should see a good bounce in our SP.