Agoracom: Small Cap Investment - Noront Resources - Re: Looks like there is a push to move the price higher.

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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Looks like there is a push to move the price higher.

glorieux

Oct 11, 2011 03:10PM

Re: Looks like there is a push to move the price higher.

Edgy

Oct 11, 2011 04:10PM

khareema

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Re: Looks like there is a push to move the price higher.

in response to

Looks like there is a push to move the price higher.

glorieux

posted on Oct 11, 2011 05:37PM

'Add to that the "Are you paying attention" comment from K (whether he has some info that we do not or just a feeling about this situation, only he knows)"

Mostly, it is just over-exuberence on my part. I had a big stink bid in along with a few buddies a couple of weeks ago that all got filled, and I just kept on buying below .45.

Seriously though, there has been a big buyer picking away at the asks for the last ten sessions, and they were joined today by a second one. If the sellers can learn a little self control over the next bit we could see a few more days like today. FWIW, the Alpha exchange finished with a single seller willing to sell 4000 at .52, and then virtually nothing.