Re: 2.8M traded at 13:35

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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tranquille

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Re: 2.8M traded at 13:35

in response to

Re: 2.8M traded at 13:35

tranquille

posted on May 29, 2017 12:49PM

Just to put my "expectations" into relation - Back in 2007 when we ramped up from ~$.70 to $4 then $7 within a couple of days .. there were 17-28M shares traded - PER DAY.

Today after substantial dilution, this would equal about 50-85M shares of daily trading volume!

Moves like that are called parabolic or hyperbolic.. I hope that this time no one has to be in a hurry to sell, as final positive news will stick (IMHO .. but still some time away).

Here's an excellent charting tool/website for whoever is interested.

https://www.tradingview.com/chart/?symbol=TSXV%3ANOT

Although almost all former breakouts of NOT.V of the last ~4years were being followed by a dump and lower lows almost immediately - this time I am somehow confident.

We might see a breakout move to the upside of this year-long downtrend channel (respectively we might see a bull flag here). This would be a very positive turnaround. (I may very well be wrong here e.g. if the news doesn't hold up to the expectations).