Norra Metals Corp V.NORA.H

RE: Price correction and charts

[caffee]

I don't blame a few investors to sell once short term momentum changes. It is not bad to sell if your buys were at weak points in time. ie. .40 to .50 However, lets not get the charts involved, as if you look at multi year chart, we are far and away looking better than most juniors out there and all uptrend longer term lines are well in tact. If you are referring to a 10 minute short term chart, then that momentum is different, but surely nobody uses TA and 10 minute charts to buy and sell junior exploration shares? The confidence of retail pm investors probably depends on gold hanging onto $670 and silver making a base here. Afterwards, a renewed run for $700 plus and renewed interest that will negate the fear of "sell in may and go away" Average pm investors are a nervous bunch. Probably the reason the hedge funds and gold bears have had such an easy time forcing prices lower on peaks and preventing break outs. JMHO I do notice that bids are showing up for Orko and has strong interest. My best guess is that .75 area should be solid for Orko, of course depending on physical gold and silver. I do think we will see $1.50 range by summer. That would be first area I would think of selling into . cheers