Re: I sense the climb up to ----

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: I sense the climb up to ----

in response to

I sense the climb up to ----

happyappie6

posted on Jan 03, 2012 12:39PM

From a TA perspective, we have a triangle forming where the support has been increasing and giving us higher lows since our dip back to 66 from our initial run up to 92. We need to break and hold 82 with volume and we could easily see $1 after that. If we fail to break that resistance though, we could fall back as these triangles usually break one way or the other. However, since we are in an uptrend and knowing all I know about Noront, I have a hard time believing we would break to the downside.

Hoping for a great 2012 for everyone!

Glorieux

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