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: Ready to run again in the next two weeks??

Ready to run again in the next two weeks??

posted on Mar 28, 2010 05:57PM

Selling activities from PI, ITG, Anon and BMO Nesbitt are almost diminished and IMO, this stock is ready to have a major run again while downward pressure on sp is very limited. It's time to be part of it rather than sitting on the sidelines.

You all remember Noront drilled to 1,004.1 kilo-metres on hole NOT-09-49 and reported new high grade mineral deposit as listed below. I believe the visual results of drilling to 2,000 meters will bring an excitement to the investors.

Eagle 1C (the second lens), also located vertically under Eagle 1A and directly under Eagle 1B, returned:

  • 149.5 metres averaging 2.4 per cent Ni, 1.1 per cent Cu, 1.0 g/t Pt, 5.1 g/t Pd from 796.2 metres to 945.7 metres including:
    • 23.7 metres averaging 5.2 per cent Ni, 1.0 per cent Cu, 0.2 g/t Pt, 7.9 g/t Pd;
    • 21.0 metres averaging 2.5 per cent Ni, 1.0 per cent Cu, 0.4 g/t Pt, 5.3 g/t Pd.

From Feb. 28th to Mar. 26th

Exch

House

Bought

$Value

Ave

Sold

$Value

Ave

Net

$Net

73 Cormark

237,700

357,754

1.51

344,100

538,978

1.57

-106,400

181,224

1 Anonymous

579,400

885,017

1.53

829,600

1,277,681

1.54

-250,200

392,664

59 PI

69,200

106,839

1.54

339,500

501,334

1.48

-270,300

394,495

9 BMO Nesbitt

2,049,900

3,151,481

1.54

2,371,300

3,640,880

1.54

-321,400

489,399

14 ITG

33,371

52,119

1.56

508,000

779,459

1.53

-474,629

727,340

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