Agoracom: Small Cap Investment - Noront Resources - Am convinced news by tomorrow...

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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Edgy

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Am convinced news by tomorrow...

posted on Jul 06, 2010 10:26AM

... from the way order depth has and is behaving.
It represents the opinion of the market for Noront.
I suspect shorters covered a bit early this morning and caused a spike to 1.23. Note a bit of a wall at that price. Now the price has stabilized and that is the main reason for my conviction. Orders @10:22 ( I have been wrong before and will be again, but no reason to keep quiet.)

# Orders	Shares	Bid	Ask	Shares	# Orders
4	19500	1.180	1.190	15400	1
2	3500	1.170	1.200	17100	3
1	200	1.160	1.210	2600	2
4	15000	1.150	1.220	3000	1
1	9000	1.140	1.230	40100	4